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Mike Pierce

Student loans in default to be referred to debt collection, Education Department says

  By ANNIE MA AP Education Writer WASHINGTON (AP) — The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday. Currently, roughly 5.3 million…

Supreme Court rebuffs Biden administration plea to restore multibillion-dollar student debt plan

Associated Press WASHINGTON (AP) — The Supreme Court on Wednesday kept on hold the latest multibillion-dollar plan from the Biden administration that would have lowered payments for millions of borrowers, while lawsuits make their way through lower courts. The justices rejected an…