Student loan defaults surging in wake of COVID-tied payments pause expiration
Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments.
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Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments.
Loan revamp affects how much students and families can borrow to pay for college, as well as their repayment options.
A federal judge just blocked a Trump administration move to limit the amount of federal loans nursing students can borrow, but medical students aren't off the hook yet.
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
Current SAVE borrowers will have "limited time" to enroll in a new loan repayment plan and begin repaying their loans, the Education Department said.
Proposed Department of Education rule could deny loan forgiveness to borrowers whose employers are found to be illegally "undermining national security and American values."
The Education Department has temporarily paused loan forgiveness for an income-based repayment plan. Here are the details.
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
The Trump administration last month started garnishing paychecks and Social Security benefits to collect defaulted loans.
With the Department of Education this month resuming collections on student loans, millions of Americans are at risk of having their wages garnished.
The U.S. Department of Education is threatening to withhold federal aid to colleges and universities that have high levels of students in default on their student loans.
Collection of defaulted federal student loans has resumed after a five year pause started during the pandemic. Defaulting can now lead to garnishment of state or federal benefits; and garnishment of wages will start this summer.
TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.
Jana Heartwood owes more than $40,000 in student loan debt. She says when payments resumed last year, she was not notified and is now struggling to get answers from her loan servicer.
A new proposal from Republican lawmakers would eliminate the popular SAVE repayment plan, which helped lower costs for millions.
Nearly 10 million borrowers could be in default within a few months, according to the department.
Trump administration effort to wind down the Education Department could lead to frustration for millions of student loan borrowers, experts say.
The Department of Education doesn't oversee school curriculums, but it does offer a range of services affecting millions of Americans.
President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
The 12-month grace period for student loan borrowers ended Sept. 30. The "on-ramp" period helped borrowers struggling to make payments avoid the risk of defaulting and hurting their credit score.
The Biden administration's flagship student loan relief plan has 8 million participants. Here's what they should know about the Supreme Court's decision.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
The White House is turning to other methods to erase student debt after the Supreme Court blocked its broader effort to forgive loans.
President Joe Biden unveiled a new plan that comes after the Supreme Court ruled against his previous debt-forgiveness program.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
Oakland County Sheriff Mike Bouchard says these incidents are becoming increasingly regular.
The family of the man at the center of a Washtenaw County investigation is speaking out.
One person was arrested after officials said the suspect stole an AmeriPro ambulance on Wednesday in Highland Park, Michigan.
A Michigan man's weekly routine of returning cans had paid off after he used the money to buy an instant game ticket that earned him $500,000.
A 67-year-old Michigan man has died after officials say he was pinned while attempting to clean farming equipment last week.
A discount gas station promoted by President Trump just opened a new location in Detroit.
Oakland County Sheriff Mike Bouchard says these incidents are becoming increasingly regular.
Livingston County Sheriff Michael Murphy says about six have been damaged, costing his office about $5,000 so far.
Oakland County Animal Control seized 38 horses in August as part of an animal welfare investigation. The horses have been returned to their owner after Oakland County did not pursue forfeiture, and no criminal charges were filed.
Three Detroit residents each will serve decades in prison after a stray bullet killed a 6-year-old boy who was playing inside a home.
A Ford contract employee was taken to a hospital following an incident on Monday morning at the Michigan Assembly Plant in Wayne, Michigan.
Automotive expert Paul Eisenstein of Autoline TV said the number of vehicles recalled this year has surged.
Woodward Dream Cruise participant Mike Holmes, who showed off a DeLorean at Saturday's event, said the " human interaction is just as much fun as driving the car."
General Motors says 350 workers will be laid off in January at its Lansing Grand River Assembly/Stamping and Lansing Regional Stamping sites.
Ford says the reveal is intended to connect directly with the enthusiasts who have helped make the Woodward Dream Cruise one of the nation's premier automotive events.
While performing in St. Louis on Saturday night, Lionel Richie appeared at one point to lean on a piano for support, according to video from the show.
For decades, the Farmington Civic Theatre has often been recognized as a community staple, but since the Covid-19 pandemic, management says attendance has dropped significantly.
Robinette's Apple Haus and Winery in Grand Rapids will open its corn maze season on Sept. 1 with a Dolly Parton theme.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Audience members at a stage performance of "9 to 5: The Musical" in the U.K. were heard gasping aloud at the news of Dolly Parton's death Tuesday.
Tiger Woods has pled no contest to a charge of reckless driving months after pleading not guilty to two misdemeanor charges.
Royce Lewis and Ryan Jeffers hit three-run homers during a 10-run sixth inning for the Minnesota Twins to highlight a 15-2 victory over the Detroit Tigers.
The NFL's thin line between success and failure figures to challenge the Chicago Bears in their bid to repeat as NFC North champions.
The House on Tuesday passed a measure to extend government funding into December, averting a shutdown in the final stretch of the midterm campaign.
A potential wiring issue could lead to vehicles losing power or disruption of other functions, such as windshield wipers and headlights.
The rate of students requesting vaccine exemptions increased from 3.1% in 2015 to 3.4% in 2020, then to 6.2% in 2024, and reached a 12-year high in 2025, according to the latest data.
Three Michigan school districts are using a specialized clinic to tackle rising healthcare costs.
Michigan's first case of Eastern equine encephalitis (EEE) in a domestic animal in 2026 has been detected in a horse in Clare County.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Tymale Carroll might not be here today if he hadn't been right across the street from Trinity Hospital in Livonia when his heart stopped behind the wheel.
Ivan Reed didn't love the experience he and his family had with youth football in the past, so a couple of years ago, he decided to start his own program.
Detroit Lions general manager Brad Holmes says he's hopeful safeties Kerby Joseph and Brian Branch along with running back Isiah Pacheco will be healthy enough to play this season.
Tiger Woods has pled no contest to a charge of reckless driving months after pleading not guilty to two misdemeanor charges.
Royce Lewis and Ryan Jeffers hit three-run homers during a 10-run sixth inning for the Minnesota Twins to highlight a 15-2 victory over the Detroit Tigers.
Back to school also means back to sports. Detroit's Police Athletic League is helping kids stay active and connected outside of the classroom.
The roundtable talks politics, civility and issues that will resonate this fall in various elections.
As we count down the final days of summer, there's still a wee bit of time left to grab a good book as you head to the beach or maybe your backyard.
Rachel Stewart previews the upcoming America's Thanksgiving Parade presented by Gardner White, which will celebrate its 100th anniversary in 2026.
The eyes of the nation were on Michigan as its critical 2026 primary was held last Tuesday.
As the nation turns its attention to Michigan's critical Aug. 4 primary, the Michigan Matters roundtable weighs in.
One person was arrested after officials said the suspect stole an Ameripro ambulance on Wednesday in Highland Park, Michigan.
A 50-year-old man was rescued on Tuesday following a trench collapse in Oxford Township. It is the third trench collapse in Oakland County in recent months.
Body cam video of a man being pushed to the ground in Washtenaw County has led to an excessive force investigation.
Now that it's September, many youth football programs have started their seasons. In Sterling Heights, there's a relatively new program that focuses not only on building better football players but also on developing future leaders.
A discount gas station promoted by President Trump just opened a new location in Detroit.