In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...
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 ...
Democratic Senator Elizabeth Warren has warned against a reported Trump administration proposal to sell parts of the $1.6 trillion federal student loan portfolio to private companies. Warren wrote a ...
This article original appeared on The Conversation. The Trump administration has tried to upend many facets of American life, and many facets of higher education are no exception. The Department of ...
Jennifer L. Steele does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
Eligible student loan borrowers can have their debt canceled under some plans including income-driven repayment programs. The Education Department sent emails to eligible borrowers about their options ...
Millions of student loan borrowers will see the “light at the end of the tunnel” after the Trump administration agreed to reinstate loan forgiveness plans it had partially blocked following a court ...
The Trump administration says it is canceling student debt for millions of borrowers — a pivot from its previous moves to block some loan forgiveness plans. In an agreement with the American ...
Student loan forgiveness has restarted for a small number of Americans, according to experts. The Education Department said in July it suspended forgiveness for Income Based Repayment plans to update ...
One of the most enduring relationships of Rick Betancur’s adult life is with his student debt. The federal loans have followed him for more than 26 years, longer than he’s been married. While his ...
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