The first notices of wage garnishment will be sent the week of Jan. 7 to 1,000 borrowers who haven’t made a payment in over a ...

Millions of Americans face paycheck cuts starting January 7, 2026, as the federal government restarts student loan wage garnishments. Up to 15% of after-tax income can be withheld for defaulted loans.

With this in mind, I direct my remarks to the government, which currently holds both executive and legislative authority.

Economists warn of severe Nigerian economic risks in 2026 due to a massive revenue shortfall, rising public debt, and delayed ...

Government credit card relief options may be scarce, but there are several other paths to reduce what you owe.

Starting in January, the Trump Administration will notify defaulted student loan borrowers, impacting millions of households ...

The first notices of wage garnishment will be sent to 1,000 borrowers who have not made a payment in over a year on the week of Jan. 7, 2026. The number of borrowers targeted will increase each month, ...

Chicago Mayor Brandon Johnson stepped back from vetoing the 2026 budget, instead signing executive orders opposing debt sales ...

Mayor Brandon Johnson on Thursday singled out a debt collection measure as his latest nonstarter in the budget proposal crafted by his aldermanic antagonists, who showed no signs of slowing their ...

The Department of Education will begin garnishing wages from borrowers who have defaulted on federal student loans starting ...

Mayor Brandon Johnson announced Tuesday he will not veto the 2026 budget passed by aldermen, conceding a historic struggle that reached the brink of a government shutdown.

In FY24, total debt stock stood at $174 billion, equal to 38.5 percent of gross domestic product (GDP). In that year, ...