Default

Americans have never owed as much in student loans as they do today, with borrowers collectively shouldering a burden of $1.5 trillion last year.... Read more

What does it mean to default on a loan? Find out the answer to this question and learn about the consequences of defaulting on different types of... Read more

Sometimes when the weight of student loan debt becomes overwhelming, it’s almost easier to pretend it doesn’t exist. And while that can certainly... Read more

Student loan default is more common than you may think. More than 11 percent of the 44 million Americans with student loans are more than 90 days... Read more

If you have student loans, a recent roll-back of an Obama-era rule could affect you. The Office of Postsecondary Education, a part of the Department... Read more

Student loan debt has become so serious that more borrowers have defaulted on their student loans than ever before. Rohit Chopra, a senior fellow at... Read more

In general, it makes sense to take out federal loans over private loans. They usually have lower interest rates, more generous repayment terms, and... Read more

On Monday, the Consumer Financial Protection Bureau (CFPB) released a new report that highlights ongoing issues with the student loan system. The... Read more

It’s safe to say that none of the 3.3 million Americans with defaulted student debt ever hoped to wind up in such a precarious situation when... Read more

Student loan default. While there’s no question that the mere mention of it implies some serious financial trouble, it’s generally the last thing... Read more

It’s tax time and you know what that means – refunds! While many people are planning how to spend their tax refunds, for some unlucky student... Read more

When you go into student loan default, your credit takes a major hit. But if you’re reading this, you probably already know that. If student loan... Read more