The federal government is ramping up its collections engine and could soon go after millions of Americans. One area of concern for the close to 10 million student loan borrowers who are delinquent on ...

It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...

The U.S. Department of Education’s Federal Student Aid ombudsman office, which is responsible for addressing borrower grievances, has reportedly amassed a backlog of more than 27,000 unresolved ...

The federal student loan system is a mess right now. "Unprecedented uncertainty," says Beth Akers, a higher education researcher at the conservative-leaning American Enterprise Institute (AEI). "Total ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The Trump administration published proposed regulations this week that seek to limit which public service employees can have their student loans forgiven, one of several ways the Trump administration ...