Older US borrowers face rising student loan delinquency: How to...

Dununu.com Dununu

Gesponsert

Older US borrowers face rising student loan delinquency: How to avoid default under Trump's crackdown

RSS Feed Ausbildung

Posted

102

The Trump administration has resumed aggressive student loan collections, causing nearly 18% of US borrowers aged 50 and over to become seriously delinquent. Older borrowers face increased risks of wage garnishment and default but can explore income-driven repayment plans and temporary relief options to avoid severe penalties. The Education Department has paused Social Security garnishments for now but warns these could resume, urging borrowers to act quickly to manage their debt and protect their finances.

Read Full Article

Please log in to like, share and comment!

Crypto surge: Bitcoin hits record high, smashing past $124,000

Bitcoin soared to a record high of $124,500 on Thursday, driven by positive US market sentiment...

Von 0 2

Cincinnati Open: Sinner, Sabalenka and Alcaraz cruise into Quarter-Finals

Jannik Sinner and Aryna Sabalenka, the defending champions, along with Carlos Alcaraz, have...

Von 0 4

CGBSE Class 10th,12th supplementary exam results expected to release soon: Check where and how to download scorecards, once released

Von 0 5

Rupandehi-3 by-election: RPP aims to defend seat, NC seeks revenge

KATHMANDU: Political parties have begun strategic preparations for the upcoming by-election in...

Von 0 8

Zeeshan reveals how Shah Rukh saved his acting career

Zeeshan Ayyub, contemplating quitting acting due to typecasting, found unexpected support from...

Von 0 17