The Education Department says it will temporarily pause wage garnishment for defaulted student loan borrowers that was scheduled to begin in the coming weeks.

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Purchasing a home is not just a financial milestone, it can be a long-term commitment that may influence your lifestyle and future plans. Homeownership involves careful financial planning to manage ...

Add Yahoo as a preferred source to see more of our stories on Google. Getting a mortgage to buy a home is a process, with many hoops and hurdles to jump through before reaching the finish line. And ...

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try. By Tara Siegel Bernard Student loans have long been ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. shih-wei / Getty Images Millions of ...

WASHINGTON (AP) — The Trump administration said on Tuesday that it will begin garnishing the wages of student loan borrowers who are in default early next year. The Department of Education said it ...

Before ringing in the new year, millions of Americans may want to check in with their student loan servicers in case they appear on the default list. The Trump administration will begin garnishing the ...

A major overhaul of the federal student loan repayment system is coming in 2026. The changes stem from President Donald Trump’s One Big Beautiful Bill Act (OBBBA), which was signed into law in July.