Posts Tagged ‘student loan debt’
Federal Student Loan Collections Resume
For the first time since March 2020, the Department of Education will be collecting on defaulted student loans beginning on May 5, 2025. The office of Federal Student Aid (FSA) will encourage borrowers to begin making monthly payments, enroll in an income-driven repayment plan, or pursue loan rehabilitation. The FSA is also restarting…
Read MoreFederal Student Loan Payments Suspended Through Sept. 30
In the wake of the COVID-19 pandemic, the government has suspended all federal student loan payments through September 30, 2020. Here’s what you need to know: No interest will accrue on your federal student loans through Sept. 30, 2020. Your federal student loan balance doesn’t change unless you make payments, meaning…
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