On Tuesday, the Dept. of Education announced that it had reached a proposed settlement agreement that, if given court approval, will end the Saving on a Valuable Education (SAVE) student loan ...
It may be possible to use personal loans to pay off student loans, though not all lenders allow this. Refinancing federal student loans to a personal loan eliminates access to income-driven repayment ...
The Trump administration is reportedly talking about selling off the federal student loan portfolio in a move decried by Democrats and faced with skepticism by others. The portfolio, worth $1.77 ...
Student loan advocates and borrower protection groups across the country have spent much of the last five months preparing for a series of big changes Congress laid out regarding the student loan ...
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. Last month, Politico ...
If your credit card or personal loan debt has spiraled out of control, which is the case for a lot of borrowers in today's economic climate, hearing that a creditor "wrote off" your balance might ...
This article original appeared on The Conversation. The Trump administration has tried to upend many facets of American life, and many facets of higher education are no exception. The Department of ...
Jennifer L. Steele does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
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. MoMo Productions / Getty Images ...
In a significant win for student loan borrowers, the Trump administration has agreed to a court-supervised plan that will speed up debt cancellation under income-driven repayment programs and protect ...
The Trump administration says it is canceling student debt for millions of borrowers — a pivot from its previous moves to block some loan forgiveness plans. In an agreement with the American ...
The changes are significant, but not immediate. Most will go into effect from July 1, 2026, to July 1, 2028, including: Big cuts to federal loans for grad students and parents. A new repayment plan ...