News

Nearly 2 million student-loan borrowers are still waiting to learn if they'll get affordable monthly payments
The Department of Education told BI that it hopes to clear the backlog of income-driven repayment applications "over the next few months."
Education Department backlog leaves nearly 2 million student loan borrowers in limbo
Trump officials argued that the ruling had broader ... to an affordable repayment plan, student loan borrowers can be suspended on their timeline to loan forgiveness and at risk of falling behind ...
Student Loan Rates in June 2025: What Borrowers Need to Know
Federal student loan rates are fixed and set by a formula created by Congress that changes annually. Private student loan rates change more often and can be fixed or variable. Rates are based on lender preferences,
Student loan borrowers in these jobs have most long-term financial impact
A new national survey reveals that public-sector employees are significantly more likely to hold student loan debt than their private-sector counterparts. However, they often face fewer long-term financial repercussions,
Student Loan Borrowers Are Leaving SAVE Plan for More Certain Repayment Options
KEY TAKEAWAYS As ongoing lawsuits still block the Saving for a Valuable Education (SAVE), borrowers who have been in forbearance for months are fleeing the repayment plan to continue their progress toward loan forgiveness.
Student Loan Credit Report Damage Surges — 4 Things Borrowers Can Do
Student loan borrowers are facing an unprecedented credit damage crisis as the federal student loan repayment system remains mired in turmoil and delinquencies surge.
GOBankingRates on MSN1d
6 Options You Still Have for Student Loan Forgiveness Under Trump
Trump has shaken things up in the world of student loans. From blocking the SAVE plan, to firing workers at the Department of ...
Forbes17d
7 Big Winners Under The GOP Student Loan Forgiveness And Repayment Plan
The income-based plan would still have potential student loan forgiveness, albeit after a longer timeframe. Proponents of a simpler, more transparent student loan system view this ...
PBS8d
student loan debt forgiveness
President Joe Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness has been blocked by a second federal court, leaving millions of ...
Trump resumes collecting student loan defaults for first time in 5 years. What options do you have?
The federal government began collecting on defaulted student loans May 5. You have options to resolve that debt.
Forbes22d
Republican Student Loan Forgiveness Inflation Trap: GOP Plan May Make Bills Soar
House Republicans’ newly proposed Repayment Assistance Plan, part of their sweeping 2025 student loan reform bill known as the Student Success and Taxpayer Savings Plan, aims to simplify ...
Newsweek21d
9 Ways to Get Student Loan Forgiveness as Trump Admin Makes Changes
When enrolled in one of these plans, your remaining loan balance may be eligible for forgiveness in 20 or 25 years, depending on the plan and the type of student loans you have. 3. Teacher ...
NBC Connecticut15d
Here's what federal student loan interest rates may be for 2025-2026: higher education expert
However, recent changes to the lending system have narrowed loan forgiveness and affordable ... lead to a $113 monthly student loan payment after graduation, assuming the student enrolled in ...