Key Points ・Defaulting on federal student loans carries heavy financial consequences and is more expensive than simply ...

Key Points ・New federal data show nearly 12 million borrowers are now delinquent or in default, more than one-quarter of the ...

In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...

Around 45 million student loan borrowers nationwide collectively owe nearly $2 trillion in federal and private student loan ...