DEBT COLLECTION

Jun 04 2025EDUCATION

Older Americans Get a Break from Student Loan Debt

The Education Department has decided to stop taking money from the Social Security checks of people who haven't paid back their student loans. This is big news for many older Americans who were worried about losing part of their income. The government had recently started collecting these overdue loans again after a pause during the pandemic. About 452, 000 people ag...

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Apr 22 2025EDUCATION

The Shift in Student Loan Repayment

The Education Department is set to resume debt collection for defaulted student loans starting May 5. This move affects approximately 5. 3 million borrowers who are currently behind on their federal student loans. The decision marks the end of a three-year pause on collections, which began during the COVID-19 pandemic. This pause was extended multiple times by the Bi...

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