studentloan

Millions of student-loan borrowers could see major changes to their repayment plans under the Senate’s new education spending proposal.On Tuesday, Sen. Bill Cassidy — chair of the Senate education committee — unveiled the education portion GOP lawmakers are seeking to include in President Donald Trump’s spending bill.After the House passed…

Thousands of student-loan borrowers are at risk of getting a smaller Social Security check this month.President Donald Trump’s Department of Education said that, beginning in early June, thousands of student-loan borrowers in default could start facing garnishment of their federal benefits.”The first monthly benefit checks subject to offset are those…

Millions of student-loan borrowers are behind on payments, and it’s putting them at greater risk of wage garnishment and seizure of federal benefits.On Tuesday, the New York Federal Reserve released its quarterly household debt and credit report — and student-loan borrowers were a red flag in the new data.In the…