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 ...

Borrowers ages 50 to 61 have the highest average balance of any age group at $48,203, according to federal data.

Rising student loan and credit card debt are reshaping homeownership for younger Americans, creating new challenges and ...

President Trump plans on ringing in the New Year by garnishing the wages of over 5 million student debtors currently in default on their loans, The Washington Post first reported. Starting January 7, ...

The Department of Education will begin garnishing wages of those with defaulted federal student loans starting in January. The Trump administration announced in May that it would resume collections on ...

The Trump administration confirmed this week that it will resume garnishing wages from Americans who have defaulted on their student loans, with enforcement set to begin in early January 2026.

The Trump administration will begin garnishing wages of student loan borrowers in default starting in January, the Education Department told CNN on Tuesday. “We expect the first notices to be sent to ...

A major overhaul of the federal student loan repayment system is coming in 2026. The changes stem from President Donald Trump’s One Big Beautiful Bill Act (OBBBA), which was signed into law in July.

The U.S. Department of Education plans to end a student loan debt forgiveness program used by millions of Americans. The feds said Dec. 9 that they had reached a proposed court settlement to kill the ...

Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. A large number of Americans are struggling with their federal ...

The Department of Education building in Washington, D.C., March 24, 2025. Editorial Fellow Millions of student loan borrowers whose monthly payments were reduced to as low as $0 under a forgiveness ...