The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early in 2026.

A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...

Wage garnishment will begin just as enhanced subsidies for ACA health insurance expire. People who are in default on their ...

The government plans to seize portions of borrowers' paychecks to the cover defaulted debts. Here's what you should do now to ...

The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.

About 1,000 defaulted student-loan borrowers will receive wage garnishment notices the week of January 7 with more to come as the year progresses.

Learn about cross-default clauses in loans, their mechanisms, domino effects on debt, and ways to mitigate financial risks.

A default happens when you have skipped one or several payments in a row on a loan or credit card. Since defaulting can cause your credit (and overall financial health) to quickly plummet, you want to ...

Microsoft will enable Teams messaging security by default in January 2026, blocking risky files and malicious links to ...

Learn how credit default insurance protects against borrower default risks through credit derivatives like swaps, helping investors manage credit exposure efficiently.