Borrowers ages 50 to 61 have the highest average balance of any age group at $48,203, according to federal data.
With two new repayment plans and the impending end of the Saving for a Valuable Education plan, here are all the things borrowers need to know for 2026.
The "One Big, Beautiful Bill" created a new repayment plan starting in 2026 that will reduce the amount of loans some borrowers can have. Loan forgiveness will once again be taxable, and some ...
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