Tues, Oct 7, 2025:
Trump administration considers sale of federal student loan debt. The discussions have taken place among senior Education Department and Treasury Department officials. – Politico
Thurs, Sept 25, 2025:
Roughly a third of federal student loan borrowers are behind on their payments, resulting in massive hits to their credit scores. About 29% of borrowers — or 5.4 million people — were delinquent on their loans in June, meaning they haven’t made a payment in 90 days or more. Those who haven’t made a payment for at least 270 days will be placed in default status, and will be subject to involuntary collections from the federal government, including wage garnishment or withholding of tax refunds. – Bloomberg
Tues, Sept 23, 2025:
Trump’s changes to Parent Plus student loans may limit college options – WP
Sun, May 25, 2025:
Millions of Americans hit with bad credit after missed student loan payments. The credit score drop is akin to filing for bankruptcy, and some borrowers are finding out when they try to get car loans or rent apartments. – WP