After being paused for 7.6 million borrowers under President Biden’s SAVE plan (Saving on A Valuable Education), the Trump ...
Big changes are coming for student loan borrowers in the new year, especially for those who have fallen behind on payments.
The new agreement places tight restrictions on the department’s future ability to pass student loan forgiveness.
The Trump administration will begin garnishing wages of student loan borrowers in default starting in January, the Education Department told CNN on Tuesday.
The Education Department announced a long-delayed expansion of a key repayment plan for student loans this week, paving the ...
Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: ...
The federal Repayment Assistance Plan, or RAP, will be the newest student loan repayment plan. President Donald Trump’s “big, beautiful bill,” passed in 2025, made many changes to federal student loan ...
Students in professional programs would be able to borrow $50,000 a year and up to $200,000 in total. Parent borrowers would be limited to borrowing up to $20,000 a year per student, with a total ...
(NEXSTAR) — If you’re enrolled in the Saving on a Valuable Education plan, or SAVE, to pay off your federal student loans, you may soon need to switch your repayment option. On Tuesday, the Department ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Bonnie Cash / UPI / Bloomberg via ...
The Trump administration on Tuesday said it has reached an agreement with seven states to resolve a lawsuit challenging the legality of former President Joe Biden’s student loan repayment plan, a deal ...
Roughly 7 million borrowers have been in limbo amid political and court battles over the SAVE repayment program U.S. Education Secretary Linda McMahon said her department would end a Biden-era ...