Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families
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Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families

MARCH 25, 2020 Contact:   Press Office, (202) 401-1576, press@ed.gov WASHINGTON — U.S. Secretary of Education Betsy DeVos announced today that, due to the COVID-19 national emergency, the Department will halt collection actions and wage garnishments to provide additional assistance to borrowers. This flexibility will last for a period of at least 60 days from March 13, 2020....

Posted by March 25, 2020March 25, 2020
Defaulted Student Loans
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Defaulted Student Loans

If you’ve missed a payment or are having trouble making payments, immediately contact and discuss options with the organization that handles billing and other services for your loan to avoid defaulting on your loan. It’s important to pay the amount shown on your bill—and to pay by the due date. The first day after you...

Posted by March 19, 2020March 19, 2020
Can I Discharge Student Loans In Bankruptcy?
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Can I Discharge Student Loans In Bankruptcy?

How Can I Obtain a Student Loan Discharge? For many people, student loans make up a substantial part of their indebtedness . Discharging student loans in bankruptcy very challenging, and almost impossible to rid of. However, this does not mean you should turn over. It is very possible that bankruptcy can aid you if you...

Posted by December 14, 2019March 19, 2020