While only Congress can formally dismantle the department, the administration is pursuing incremental changes through ...

The administration is implementing a three-phase plan to shift operational management of the $1.7 trillion federal student ...

AI Quick Read Rising defaults in private credit are rattling investors, while apparent fraud by some borrowers has fueled ...

The U.S. Department of Education is shifting student loan management to the Department of the Treasury, signaling stricter ...

The agency is great at collecting on debts, but its tactics may lack the softer touch often used with student loan borrowers.

By shifting oversight of the portfolio, the Trump administration aims to improve loan collection as well as prevent borrowers ...

Undersecretary of Education Nicholas Kent said moving student-loan accounts to the Treasury and eliminating the SAVE plan ...

More than 7 million borrowers enrolled in SAVE will have just 90 days to switch to a new repayment plan, beginning in July.

Education Bureau says it recorded 9,838 default cases, involving 8,494 people, under five schemes as of January 31.

New repayment plans and borrowing limits go into effect soon.

Critical questions about the transfer of student loans to the Treasury Department remain unanswered, even as new details ...

Thousands of public service student loan borrowers have been waiting to receive their forgiveness. And while they waited, the ...