Otherwise, the default will be restored at the end of the one-year period." The last option is to consolidate your debt. With federal loans, this requires taking out a Direct Consolidation Loan ...

If you have had trouble staying on top of your student loan payments and are concerned about the prospect of wage garnishment ...

In a new U.S. Department of Education memo obtained by CNBC, a top official lays out the steps the Biden administration has taken to stave off a default crisis among federal student loan borrowers.