Education Department Will Resume Collections on Student Loan Debt
In an announcement this week, the department warned that millions of borrowers could be referred to debt collectors and see deductions from their paychecks.
Posted inCredit and Debt Credit Scores Education Department (US) McMahon, Linda E Nelnet Inc Student Loans Trump, Donald J United States Economy United States Politics and Government
Millions of Student Loan Borrowers Are Behind on Payments
They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has implications for the already slowing economy.
Posted inConservatism (US Politics) Disabilities Education Department (US) Government Employees Health and Human Services Department Loeffler, Kelly L Small Business Administration Student Loans Trump, Donald J
Trump Cleaves Student Loan and Special Education Services From Education Dept.
President Trump said Friday that he was tasking other government entities with core functions of the Education Department as he moves to dismantle an agency conservatives have long criticized.
Posted inContent Type: Service Education Department (US) Executive Orders and Memorandums McMahon, Linda E Student Loans Trump, Donald J
What Happens to Student Loans if the Education Dept. Closes?
The White House released an executive order instructing the secretary of education to begin shutting down the department — but not to cancel your debt.