> Student loan changes: What borrowers need to know about government's latest announcement
Student loan changes: What borrowers need to know about government's latest announcement
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Starting next month, the Education Department says student loans that are in default will be referred for collections.
Roughly 5.3 million borrowers are in default on their federal student loans and soon could be subject to having their wages garnished.
MORE: https://www.khou.com/article/news/nation-world/student-loans-default-heres-what-to-know/507-2cdef118-0bf7-4e3a-8866-c051d33948fc