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2.6 million borrowers just defaulted on their student loans
The New York Fed says Q1 2026 saw the largest wave of student loan defaults since the pandemic pause ended. A second wave may be coming.
Treasury is taking over student loans: what the “Federal Student Assistance Partnership” actually means for borrowers
The Department of Education is handing student loan operations to the Treasury Department. They are calling it a “partnership.” It is a takeover. Here is what borrowers need to understand.
Reminder: student loan wage garnishment has resumed
The federal government began garnishing wages for defaulted student loan borrowers on January 7, 2026. If you are in default, here is what you need to know.