Student Loans

The U.S. Department of Education started to send notices of collection, which may include wage garnishment, to borrowers whose student loans have gone unpaid for more than nine months and are in default status. Employers can withhold up to 15% of disposable income, without a court order, from employees whose student loans are in default.

Here’s what borrowers should know about the new limits on federal student loans.

Colorado colleges and universities have seen a boost in enrollment this year. And Black and Hispanic students are accounting for a large part of that enrollment. Hear about what Colorado colleges have done to make completing a degree easier and how they are focusing more on supporting students of color on today’s In the NoCo.

Tillie Torres is an English teacher in Las Vegas who had more than $80,000 in student loan debt. She tells her students to be careful with loans, and in a bittersweet moment, saw her own child graduate debt-free and become a teacher. When she had her own loan forgiven, it felt like a "huge weight" was lifted.

The federal government is forgiving the loans of Colorado students who enrolled in a now-defunct career school. The U.S. Department of Education and Colorado attorney general on Tuesday announced the federal loan refunds and balance forgiveness for former students of CollegeAmerica.

Nearly 38 percent of Wyoming borrowers will be completely student loan-free due to this forgiveness initiative, according to a recent analysis from Student Loan Hero. That’s the highest share in the country, and Nevada and Utah aren’t far behind.

A federal student loan forgiveness plan could erase up to $20,000 of debt for many borrowers. Jason Gonzales from Chalkbeat Colorado explains how this will impact Coloradans.

In its first year, the forgiveness program turned away 71% of borrowers because of a paperwork technicality. Now, the department says it's fixing that roadblock.

Mike Calhoun rang the alarm bell early on about the subprime mortgage debacle — before reckless lending drove the economy into recession. These days, he's sounding the alarm about student loans.

One of the biggest U.S. teachers unions is suing the Department of Education, alleging a loan forgiveness program for millions of public service workers violates federal law and the Constitution.