The Trump administration will resume garnishing wages from student loan borrowers in default in early 2026, the U.S. Education Department confirmed to NPR. The move comes after a years-long pause in wage garnishment due to the pandemic. “We expect the first notices to be sent to approximately 1,000 defaulted borrowers the week of January 7,” […]
Tag: loan
Europe Agrees on Loan to Ukraine Without Using Russian Funds
new video loaded: Europe Agrees on Loan to Ukraine Without Using Russian Funds transcript Back transcript Europe Agrees on Loan to Ukraine Without Using Russian Funds European leaders agreed on Friday to provide Ukraine with a $105 billion loan but failed to reach a consensus on using Russian government assets frozen in Europe to back […]
Proposed settlement would end SAVE student loan repayment plan : NPR
The U.S. Department of Education announced Tuesday that it had reached a proposed settlement agreement to end a popular, yet controversial Biden-era student loan repayment plan. The Saving on a Valuable Education plan, better known as SAVE, was the most flexible and generous of all income-driven repayment plans, promising expedited loan forgiveness and monthly payments […]