Trump, Education Department and student loan
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The grace period for federal student loan borrowers who graduated in May is ending. Here's what to know about starting payments.
Millions of Americans overwhelmed by student loan debt are targeted by scammers pretending to offer debt relief.
Sen. Elizabeth Warren warned that selling off student loan to private companies would be a "tremendous mistake."
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12 Million Student Loan Borrowers Are At Risk Of Default
Key Points ・New federal data show nearly 12 million borrowers are now delinquent or in default, more than one-quarter of the federal student loan portfolio. ・5.3 million remain in default from before the pandemic pause,
Every borrower should know their loan balance, current interest rate and monthly payment, says Joseph Price-Gault, head of student loan refinancing at Juno, a student loan negotiation group. You should also know when you are obligated to begin making your payments, he adds.
More than 40 Democratic lawmakers are highlighting and trying to prevent reported Trump administration plans to sell the government’s student loan portfolio to the private market.
Privatizing student loan debt would mean less protection for debtors, more suffering, and fewer paths to relief.
Since President Donald Trump took office in January 2025, sweeping changes have been made to federal student debt relief programs.
A recent analysis reveals that not all college majors carry the same financial burden, for many students, their choice of study can dramatically influence how much debt they gradua
Adults aged 30 to 39 held the most student loan debt in 2024. Two decades ago, that wasn’t the case. Here’s how student loan debt has shifted.
But, according to Dave Ramsey, John isn’t bankrupt. “You’re 20 years old. You have a baby and you’re scared. And you’ve done some dumb things that have put you in a corner, but it’s not bankrupted you,” he said. Here’s what Ramsey advises John to do, and what to consider if you’re in a similar situation.