Federal student loan borrowers in default could soon see their wages garnished or Social Security checks withheld after Jan.

The IRS provides student loan interest deduction that lets borrowers subtract some of the payments from their taxable income.

The first change applies to students attending less than full time. Until now, part-time students have had the same loan maximums as full-time students. Starting in the 2026-27 academic year, though, ...

One significant change that’s coming: all federal student loans will be streamlined under one new repayment assistance program.