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 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 ...

WASHINGTON(AP) — 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 ...

Millions of borrowers are set to have their tax refunds seized by the government due to outstanding defaulted federal student ...

The Trump administration will begin garnishing wages of student loan borrowers in default starting in January, the Education Department told CNN on Tuesday. “We expect the first notices to be sent to ...