Student Loan Debt Chart by Year

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Student loans in default will face collections

Education Department Will Resume Collections on Student Loan Debt

In an announcement this week, the department warned that millions of borrowers could be referred to debt collectors and see deductions from their paychecks.

USA TODAY on MSN · 21h

Collection of defaulted student loans to restart May 5 for first time since pandemic

Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting. That's about to change.

The Hill on MSN · 1d

Education Department to restart collections on defaulted federal student loans

The Department of Education announced Monday it will restart collections on defaulted federal student loans on May 5, including potentially garnishing wages for millions of workers. The federal

NerdWallet on MSN1d

Data: 2025 High School Grads Facing $40k in College Student Loans

High school graduates this year could take on $40,000 in student loan debt to obtain their bachelor's degree, according to ...

CNBC5d

Student loan debt drags down average credit score

Payments and interest on federal student loans were paused at the start of the Covid-19 pandemic in March 2020. The moratorium was lifted in October 2023, followed by a one-year "on ramp" period ...

Millions of Student Loan Borrowers Are Behind on Payments

They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has ...

23h

Federal government plans to go after delinquent student loans. What you can do

In two weeks, loan holders will start the process of seeking money from borrowers who have missed payments for 270 days or ...

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