The U.S. Department of Education is resuming wage garnishment for borrowers in default on their federal student loans, ...

President Biden continues to make significant strides in alleviating the student loan debt crisis, announcing the approval of debt cancellation for an additional 74,000 student loan borrowers. The ...

The federal government will hit its debt limit one day after President-elect Donald Trump’s inauguration – at which point “extraordinary measures” will be taken to keep the US from defaulting on its ...

The Department of Education announced Monday that it will resume collections on student loan debt next month, including by garnishing the wages of borrowers in default. Collections, which have been ...

Lawmakers in several states are working to expand medical debt protections for patients, even after the Trump administration ...

A federal agency ratcheted up its estimate of debt tied to Trump's spending law. President Donald Trump's domestic spending measure will add more than $4 trillion to the national debt over 10 years, ...

Kim Crooks’ voice shakes with outrage recalling how debt collectors treated her after her husband died of a brain tumor, leaving her with $250,000 in unpaid medical bills. The high-pressure phone ...

People take their places as a rehearsal begins on the West Front of U.S. Capitol ahead of President-elect Donald Trump's upcoming inauguration, Sunday, Jan. 12, 2025, in Washington. (AP Photo/Jon ...

WASHINGTON, Jan 17 (Reuters) - U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. President-elect Donald Trump is demanding that GOP lawmakers ...