Browsing: default

Stephen Covey, the author of The 7 Habits of Highly Effective People, tells a story that’s as instructive as it is unsettling. On a New York…

We’re facing a student loan default crisis. This academic research might help Source link

U.S. President Donald Trump talks to reporters aboard Air Force One, en route to Abu Dhabi, United Arab Emirates, on May 15, 2025.Brian Snyder | ReutersAs…

A person walks on campus at Muhlenberg College in Allentown, Pennsylvania, U.S. March 26, 2025. Hannah Beier | ReutersThe U.S. Department of Education is set to restart…

As of Monday, the U.S. Department of Education is restarting “involuntary collections” on federal student loans that are in default, which may seriously damage the credit scores of millions of…

After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with…

After a five-year pause, the U.S. Department of Education is resuming collections on federal student loans that are in default. Starting May 5, 2025, borrowers who…

What happens if you default on a business loan? Source link

What happens if you default on a personal loan — and how do you prevent it? Source link

President Joe Biden is joined by Education Secretary Miguel Cardona as he announces new actions to protect borrowers after the Supreme Court struck down his student…