If you’ve been on the SAVE plan, you’ll soon have to pick a new repayment option or eventually have an option chosen for you.
Here’s what we know about the latest SAVE plan ruling that preserves the plan for now, and what borrowers with impacted ...
Without this Education Department oversight, borrowers could "be placed in the wrong loan repayment status, billed for incorrect amounts" and more, the U.S. Government Accountability Office says.
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Best student loan refinance rates for March 12, 2026: Credible leads at 3.67%
Student loan refinance rates have held relatively steady to start the month of March. As of March 12, 2026, student loan ...
Key Takeaways Americans owe $1.66 trillion in student loan debt, but the average per-borrower balance varies dramatically by state.Even as total student debt has climbed, the average balance per ...
Payment shock from the end of pandemic loan protections, plan adjustments and higher living costs could push millions of federal student loan borrowers into default. Federal student loan default, ...
WASHINGTON, DC November 20: US Secretary of Education Linda McMahon during the daily briefing in the Brady Briefing Room of the White House on Thursday November 20, 2025. The Education Department is ...
On July 4, 2025 President Donald Trump signed what he coined the One Big Beautiful Bill Act, which in part makes substantial changes to student loans. Many of these changes will begin implementation ...
Squeezed by competing financial demands, the average student loan borrower aged 50 to 61 holds the highest loan balance of any other age group.
Starting in January, the Trump administration says it will garnish the wages of student loan borrowers who haven’t been able to make their payments for at least nine months. “It’s cruel and hostile to ...
A proposed rule from the Department of Education would limit graduate students enrolled in advanced practice nursing programs to borrowing a maximum of $20,500 per year and $100,000 for life.“This ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Getty Images Computer science ...
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