Millions of student loan borrowers will see their interest rates jump this week as the Trump administration moves forward to end benefits for SAVE plan borrowers.
California-based for-profit college operation International Education Corporation (IEC) agreed last year to shut down one of its school brands and terminate its CEO after the U.S. Department of Education found extensive, illegal abuses of students and ended financial...
Several popular federal student loan forgiveness programs have been partially or fully blocked by the courts or the Trump administration.
Several student loan provisions of the “Big, Beautiful Bill” will go into effect immediately or very soon, says the Department of Education.
The American Enterprise Institute’s Preston Cooper reported Wednesday on data he obtained from the U.S. Department of Education showing that more than 1000 colleges and universities are at risk of losing access to taxpayer-funded student aid — because too many of...
The Department of Education has suspended student loan forgiveness under IBR. Here’s what we know, and what borrowers can do.
The newest update shows that the Department of Education is struggling to process applications for repayment and student loan forgiveness, just as major changes begin.
The good news is that while the changes to student loan programs are substantial, many of these reforms are not immediate. Here’s what borrowers should be doing.
The Trump administration got one step closer to implementing sweeping rules that would revoke student loan forgiveness eligibility under PSLF.
Robert A. Millikan Memorial Library at Caltech, Canon.vs.nikon, CC BY-SA 3.0 via Wikimedia Commons The California Institute of Technology will settle a class-action lawsuit from students who argued the institution misled them when they enrolled in an online...
The Trump administration is set to start charging interest on student loans that are currently in the SAVE plan forbearance. Here’s what we know.
Federal Trade Commission – Andrew N. Ferguson A filing in federal district court in Arizona suggests the Federal Trade Commission may be preparing to drop the 2023 lawsuit it brought against Grand Canyon Education, a case alleging that Grand Canyon University’s...
The Trump Administration, which has unlawfully fired Democrat-appointed officials across numerous federal agencies in its first six months, now claims that the appointment earlier this year of Zakiya Smith Ellis, a Democratic appointee, as chair of a key Department of...
Photo: Molly Riley, The White House On the eve of the 4th of July holiday, when they probably hoped no one was paying attention, the Trump Department of Education issued an Interpretive Rule that will make it easier for for-profit colleges to evade regulations aimed...
A loan servicer is telling borrowers that the Department of Education has halted the ability to track student loan forgiveness progress. Here’s what we know.
Never before has Congress passed a law that would take away benefits and relief from current student loan borrowers and college-bound families on such a massive scale.
Major reforms to student loan repayment plans, loan forgiveness programs, and federal aid are on the cusp of enactment. Here are the big takeaways.
Here are the details on the major changes to federal student loan programs Senate Republicans just passed.
Some student loan borrowers who have already applied for income-driven repayment should now consider reapplying to hasten processing, says a major loan servicer.
Included in the bill are major reforms to student loan repayment plans and loan forgiveness programs – but with some notable changes.
A student loan legal group is urging certain borrowers to take immediate action or they may lose access to key repayment plans. But the situation is extremely complex.
Millions of federal student loan borrowers got some unexpected good news this week. Here’s how the new Senate update may impact borrowers, parents, and students.
Republican-led plans to make massive changes to federal student loan forgiveness and repayment programs suddenly hit a major roadblock on Thursday.
The Trump administration proposed sweeping new restrictions on student loan forgiveness for public service borrowers this week.
Nearly 4 million student loan borrowers are at risk of losing access to affordable payments, as GOP lawmakers move forward to enact sweeping changes to repayment plans.
More than 58,000 borrowers who may qualify for student loan forgiveness have received no response from the Department of Education, in some cases months after submission.
A critical tool that allowed millions of Americans to track their student loan forgiveness progress will soon be restored, said a top Democratic senator.
Here’s where things stand with IDR and PSLF Buyback processing for student loan borrowers after the most recent status report filing this week.
The bill could cause monthly student loan payments to dramatically increase for some households, particularly for married borrowers.
It’s not great news for borrowers pursuing certain student loan forgiveness programs or hoping for more affordable payments based on their income.
Some student loan borrowers won’t even realize that they may need to submit a new application for income-driven repayment. Here’s what borrowers should know.
Student loan borrower advocacy groups are warning that the Trump administration is taking concrete steps to try to limit student loan forgiveness for public servants.
It’s a busy week for me, but I want to acknowledge, since we have focused on it here for more than two years, that the absurd deal for the University of Idaho to purchase the predatory for-profit University of Phoenix is finally dead. That’s good news. A wide range...
Hundreds of thousands of federal student loan borrowers received a notice this week warning them that interest is accruing on their balance. But that may be false.
Recent actions by the Trump administration and House Republicans could mean that millions of student loan borrowers will see big cuts to their paychecks soon.
Hundreds of thousands of student loan borrowers who were facing potentially imminent seizure of benefits got some good news. But they’re not out of the woods.
