Student loans to go to Treasury Department
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In an ominous sign for student loan borrowers, the Education Department published new data indicating that backlogs for repayment plans and loan forgiveness are ongoing.
If you collect Social Security and you are behind on a federal student loan, the past year has been a slow-motion policy watch. As of March 2026: garnishment is still paused, but the clock is ticking toward a resumption date tied to a new repayment plan launching this summer.
After a court declined to approve Trump's settlement to eliminate the SAVE student-loan repayment plan, borrowers filed a lawsuit calling for relief.
Add Yahoo as a preferred source to see more of our stories on Google. The Department of Education agreed to process more student-loan forgiveness claims. In a legal filing, the department said it would continue relief for borrowers on income-driven ...