Trump, Education Department and student loan
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Sen. Elizabeth Warren warned that selling off student loan to private companies would be a "tremendous mistake."
The grace period for federal student loan borrowers who graduated in May is ending. Here's what to know about starting payments.
More than 40 Democratic lawmakers are highlighting and trying to prevent reported Trump administration plans to sell the government’s student loan portfolio to the private market.
The College Investor on MSN
How To Handle Student Loan Debt In Retirement
Key Points ・Monthly payments in retirement can change sharply depending on Social Security, pension income, and IRA withdrawals. ・Federal programs often offer more protection than refinancing, which can trade safety for lower interest rates.
Every borrower should know their loan balance, current interest rate and monthly payment, says Joseph Price-Gault, head of student loan refinancing at Juno, a student loan negotiation group. You should also know when you are obligated to begin making your payments, he adds.
Privatizing student loan debt would mean less protection for debtors, more suffering, and fewer paths to relief.
Since President Donald Trump took office in January 2025, sweeping changes have been made to federal student debt relief programs.
A recent analysis reveals that not all college majors carry the same financial burden, for many students, their choice of study can dramatically influence how much debt they gradua
But, according to Dave Ramsey, John isn’t bankrupt. “You’re 20 years old. You have a baby and you’re scared. And you’ve done some dumb things that have put you in a corner, but it’s not bankrupted you,” he said. Here’s what Ramsey advises John to do, and what to consider if you’re in a similar situation.