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President Donald Trump has announced plans to start collecting payments for defaulted federal student loans starting in May.
The Student Success and Taxpayer Savings Plan was marked up this week as part of the fiscal 2025 budget resolution.
If the bill is ultimately enacted, it would cut off or push out loan forgiveness and force millions of borrowers into more ...
If your loans are in default, you can take steps to voluntarily enter repayment or your paycheck may be docked up to 15%.
The government can seize a borrower's entire federal tax refund, and in some states their state refund, to collect on a defaulted federal student loan. This only applies when the amount borrowed ...
The Republican proposal would eliminate grad PLUS loans, set strict limits on parent PLUS loans and create a system in which ...
Institutions that continue to saddle their students with debt eventually face increasing penalties and risk loss of access to ...
Republicans on the House education committee publicly unveiled their plan Tuesday to remake the federal student loan system ...
ATLANTA — Republicans in Congress are working to toughen up the federal student loan program. Gone are the efforts from the Biden administration to forgive portions of student loans, which burden many ...
Changes to student loans are estimated to cut over $185 billion over a decade, according to the Congressional Budget Office.
Following court actions that briefly paused applications for student loan income driven repayment plans, the Department of Education has updated its options for borrowers.