Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. A large number of Americans are struggling with their federal student loans. And millions of borrowers are heading toward ...

Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. The Department of Education will begin reporting defaulted student loans to collections ...

The Education Department has resumed sending student loan borrowers in default to collections, potentially impacting millions of Americans' paychecks, Social Security and tax refunds. The Education Department has resumed sending student loan borrowers in ...

SBA debt forgiveness may be taxable: If a lender forgives part of your debt, you may receive a 1099 form for that amount. The SBA may also report settlements to the credit bureaus. However, you may be able to dispute the report if the debt was not consumer-related.

Impacted borrowers have been in default since before the pandemic. If you’re still getting a bill from your servicer you’re not in default — yet. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...