Latest News for: debt collection

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Student loans in default to be referred to debt collection, Education Department says

Kinston Free Press 23 Apr 2025
The decision to send debt to collections drew criticism from advocates, who said borrowers had experienced whiplash and confusion with the changing student loan policies between the Biden and Trump administrations.
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Student loans in default will go to debt collection

The Buffalo News 23 Apr 2025
The Education Department will begin collection next ...
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Gatchalian pushes for bill prohibiting online lending firms from harassing borrowers

Manila Bulletin 23 Apr 2025
Senator Sherwin Gatchalian on Wednesday, April 23 pushed for the passage of a bill seeking to eliminate the unfair debt collection practices of online lending companies ... Debt collection should be done ...
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Federal government plans to go after delinquent student loans. What you can do

Livingston Daily 23 Apr 2025
... 1.3 million residents with student loan debt, averaging $37,053 per borrower.Borrowers have options to avoid involuntary collections, including repayment plans, loan rehabilitation, and consolidation.
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WATCH: White House says defaulted student loan borrowers must find a way to pay

Knoxville Daily Sun 23 Apr 2025
“No student loan has been referred to collections since March of 2020,” Leavitt continued ... “Borrowers will now be clearly expected to repay their loans and those who default on their loan obligations will face involuntary collections,” Leavitt said.
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Education Department to resume seizing wages for student loan debt this summer

The Day 23 Apr 2025
Roughly 5.3 million borrowers are in default, having failed to make a payment on their loan for at least 360 days before the federal government stopped referring past-due debts for collection because of the pandemic.
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In default on your student loans? Trump’s team says they will garnish wages, take your ...

Michigan Live 23 Apr 2025
WASHINGTON -- The Education Department announced Monday it will begin the debt collection process on student loans that are in default ... Debt collection has been paused for federal student loans since March 2020, when the COVID-19 pandemic began.
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Editorial: Outrage over student loans should be aimed at colleges

Boston Herald 23 Apr 2025
As CNN reported, the Education Department’s Office of Student Aid will restart the Treasury Offset Program, which collects debts by garnishing federal and state payments, such as tax returns or Social Security benefits.
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Trump Education Department is getting tough on late student loan payments

The Brunswick News 23 Apr 2025
The federal Department of Education is cracking ...
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Arthur Hayes says Treasury buybacks are about to send Bitcoin past $110K toward $200K

Cryptopolitan 23 Apr 2025
Congress doesn’t need to approve this, because technically it’s just the Treasury replacing one type of debt with another ... Arthur said the government will keep spending like a degenerate gambler, and someone needs to buy the debt.
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A Texas bill targeting squatters would also hurt renters, leaving some homeless | Opinion

Austin American-Statesman 23 Apr 2025
Even when alternative housing can be found, tenants who are unable to respond in time are likely to find that the court has entered a judgment for back rent that is just like any other court judgment to collect a debt.
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Harvey Weinstein's rape retrial to open Wednesday with majority-female jury

The Times of India 23 Apr 2025
Alternates step in if a member of the main panel can't see the trial through ... That judge's term expired in 2022, and he is no longer on the bench ... Others have experience in real estate, TV commercials, debt collection, social work and other fields ... Mr ... .
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Student loans in default will be referred to debt collection next month, Trump’s DOE says

New York Post 22 Apr 2025
The move to send debt to collections was criticized by advocates for student loan forgiveness, who said it will throw millions of people into the “jaws of government collections machine.”.
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Department of Education to Restart Involuntary Student Debt Collection After Pandemic Pause

Breitbart 22 Apr 2025
... loan portfolio after pausing collection during the pandemic.
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Education Department: Student loans in default to be referred to debt collection

Telegraph Herald 22 Apr 2025
WASHINGTON — The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday ... .

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