The following is the transcript of the interview with Bank of America Chairman and CEO Brian Moynihan that aired on "Face the Nation with Margaret Brennan" on Dec. 28, 2025. Editor's note: This ...

The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early in 2026.

Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of five million borrowers in default. By Emmett Lindner The Trump ...

The Trump administration is set to resume garnishing the wages of some student loan borrowers who are in default beginning in early 2026, and a leading advocacy group for student loan borrowers is ...

The Saving for a Valuable Education plan is ending and the borrowers on it will have to move to another repayment plan and resume payments. These borrowers' payments are likely to be higher compared ...

The Trump administration said on Tuesday that it will begin garnishing the wages of student loan borrowers who are in default early next year.The department said it will send notices to approximately ...

WASHINGTON, DC - MAY 18: A Department of Education sign is displayed outside of their federal student aid office on May 18, 2025 in Washington, DC. Borrowers have been reporting false default alerts ...

Millions of borrowers who are behind can expect the government to tighten repayment options this year. Experts say take action now to get help.