The new plan has a troubling feature that could cause student loan payments to arbitrarily jump after borrowers experience a small pay raise.
Parents with student debt may be excluded from affordable repayment plans and loan forgiveness in the coming months if they ...
Key Points ・The SAVE repayment plan is officially cancelled but borrowers are waiting for a date on when the administrative forbearance will end. ・The One Big Beautiful Bill officially eliminates SAVE ...
President Donald Trump’s One Big Beautiful Bill Act, which became law in 2025, contained a new student loan repayment plan and it’s launching soon. The new payment option tweaks rules on how much ...
Liberal policy groups say delinquencies are nearly three times higher than before the pandemic.
The Department of Education s preparing to resume collections on defaulted federal student loans for the first time since 2020 - which can include ordering employers to withhold up to 15 percent of a ...
The Education Department said that while income-driven repayment applications were available, student-loan servicers wouldn't ...
More than 10,000 of those eligible were enrolled in the U.S. Department of Education’s income-based repayment plan.
Several changes for borrowers will take effect this summer. Other key questions remain unresolved.
Application backlogs for IDR plans may be about to get a whole lot worse for borrowers with student loans enrolled in the SAVE plan.
Trump's administration announced a proposed settlement to end the SAVE student-loan repayment plan.Chip Somodevilla/Getty Images Trump announced a proposed settlement to officially end the SAVE ...
Student loan refinancing means taking out a new loan to pay off your existing ones. Your refinance loan will have new terms and ideally a lower interest rate. Refinancing federal student loans means ...