The Education Department has started sending mass notices to student loan borrowers in the SAVE plan, giving them 90 days to move to a different repayment plan.
A major group of student loan borrowers is now officially cut off from affordable payments and loan forgiveness after big changes to student loans took effect on July 1.
After major federal student loan changes take effect, some groups are cautioning borrowers against enrolling their student loans in a new repayment plan.
Some borrowers could have a full 12 months to switch their student loans out of the SAVE plan, according to new information quietly posted by a student loan servicer.
The Education Department, the lawsuit argues, promised to discharge more than $23 billion in student loans, but many borrowers report they haven’t received the relief.
Thousands of borrowers applied to enroll their student loans in the new Repayment Assistance Plan within the first 24 hours of the program becoming available.
Two federal courts delivered huge wins for student loan borrowers on Tuesday, blocking new PSLF regulations that threatened to cut off student loan forgiveness.
Advocates are sounding the alarm that monthly payments for federal student loans are about to spike, as major changes start going into effect on July 1.
The Education Department released new details on the timeframe for borrowers to move their student loans out of the SAVE plan and into other repayment programs.
The amended lawsuit argues that borrowers with student loans in the SAVE plan shouldn’t be forced to move into other repayment plans, a process set to begin next week.
The Education Department is taking emergency steps to revise the application for Public Service Loan Forgiveness, or PSLF, a popular student loan forgiveness program.
Student loan borrowers are reporting increasingly worsening problems with application processing for popular repayment plans, just as major changes arrive.
The Trump administration is touting a new interest rate reduction incentive as a major benefit for federal student loan borrowers. But there are some significant risks.
While the new student loan repayment plan will have important benefits, it is important that borrowers understand that those features may come with significant tradeoffs.
While the new student loan repayment plan will have important benefits, it is important that borrowers understand that those features may come with significant tradeoffs.
House Oversight Committee chair James Comer (R-KY) sent a letter on June 11 to Democracy Defenders, a non-profit group chaired by Washington DC lawyer Norm Eisen, questioning that group’s public opposition to Paramount’s proposed acquisition of Warner Bros. Discovery....
Thousands of borrowers received emails this week notifying them that their student loans will be discharged under the Sweet v. McMahon settlement agreement.
Even as big changes take place, borrowers should understand that student loan forgiveness is not only possible, it’s happening right now for those who qualify.
Federal student loans are about to go through some significant changes, and several key dates are coming up in the next few weeks. Here’s a breakdown.
The Education Department updated key online guidance for federal student loan borrowers in advance of historic changes that are set to take effect on July 1.
The proposed legislation, if enacted, would terminate federal subsidized student loans for undergraduate borrowers starting in 2027, increasing costs for borrowers.
A federal court is set to consider arguments on a new rule that would give the Education Department the power to cut off certain groups from student loan forgiveness.
July 1 is the implementation date for massive reforms to repayment plans, student loan forgiveness, and disbursement limits. Many federal student loans will be impacted.
The Education Department is launching two new tiered repayment plans for federal student loans this July. But they will be very different from other plans.
After being told for years to consolidate federal student loans, we are now entering a period during which federal student loan consolidation may be a very big mistake.
The Education Department sent out a new wave of notices to student loan borrowers last week, warning them that they need to change repayment plans.
Student loan borrowers suffered a defeat this week after a federal court dismissed an appeal challenging stricter standards on discharging student loans.
New rules governing a popular student loan forgiveness program are just weeks away from being implemented, and they could block some borrowers from receiving relief.
Thousands of borrowers should receive a discharge of their federal student loans this month. But there are new questions about the scope of relief for one subgroup.
The Education released major updates on a troubled student loan forgiveness “buyback” program this week. But key questions remain unanswered.
Should you enroll your federal student loans in RAP when it launches this summer? As is often the case, it depends. Here’s a breakdown.
Thousands of borrowers should receive notices that their student loans are getting discharged. But if the Education Department gets its way, they may have to wait longer.
As July 1 approaches, and the Trump administration’s changes to student loans are about to take effect, the window of time for borrowers to act is closing.
Under new Education Department rules, some borrowers may need to act quickly if they want to preserve access to a key repayment plan for federal student loans.
Buried in new regulations is a significant change that may limit borrowers’ ability to receive credit toward student loan forgiveness when changing their repayment plan.
Big for-profit college operation Adtalem, a company whose schools have had a history of deceptive and predatory abuses against students and taxpayers, adopted its name in 2017, changing it from DeVry Education Group. Last week, the company rebranded again — to...