A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.
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Millions with debt brace for smaller paychecks as government crackdown begins from January 7
Starting January 7, 2026, the U.S. Department of Education will resume mandatory wage garnishment for defaulted student loans ...
The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, the US Education Department said Tuesday, a long-promised move that ...
Mortgage rates rose again this week, with the average 30-year fixed rate climbing past 6.8%. That’s not just a post-pandemic hangover; it’s a warning sign. Behind the scenes, rising government debt is ...
The U.S. gross national debt has surpassed $38 trillion for the first time, U.S. Treasury Department data shows. The country's mounting debt comes as the government remains closed, disrupting the ...
The federal government just accumulated an additional $2 trillion in debt over the last 12 months. That's the kind of debt surge America usually racks up in wartime or during major national ...
The United States has a hair-on-fire problem: its debt. This reality is not disputed by pretty much any credible person or entity, including the Treasury and the Fed. U.S. government debt is massive, ...
Globally, government debt/GDP ratios and debt service costs have increased since the GFC and Covid, raising the relevance and importance of sovereign bond indices like the FTSE Debt Capacity World ...
Moody’s Downgraded the US… Should You Care? The S&P downgraded the US credit rating in 2011. Then, in 2023, Fitch followed suit. Finally, Moody's pulled the trigger on May 16, 2025. Their decision ...
NEW YORK, June 30 (Reuters) - Surging U.S. government debt may sap investor appetite for key U.S. assets like long-dated Treasuries and the dollar, bolstering the case for turning to opportunities ...
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, ...
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