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What is a default student loan? Education Department to resume collecting loan debts
The Department of Education says it’s getting ready to restart collections on federal student loans that are in default. The White House said it "can and will" garnish borrowers' wages, pensions and tax refunds. The directive includes loans like Direct Loans, Perkins Loans, Federal Family Education Loans, among others.
This article provides an overview of how to manage student loans through consolidation and refinancing. It also discusses ...
The U.S. Department of Education will resume the collection of defaulted federal student loans in May, but lots of people ...
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Saddled with student loans? Here’s how to clarify your financial goals, make smart payment strategies, and seek forgiveness resources to clear the debt.
In two weeks, loan holders will start the process of seeking money from borrowers who have missed payments for 270 days or ...
A federal student loan is considered in default after 270 days of non-payment. Borrowers can check their loan status by ...
The average North Carolina college student graduates with more than $38,700 in student debt, according to the Education Data ...
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