Student Loans

The Trump administration is set to garnish the wages of the 5.3 million federal student loan borrowers in default in just a few months.

Of the nearly 43 million people who have student loan debt, only a little more than a third have made regular payments, officials said.

The U.S. Department of Education is set to go after defaulted loans on Monday, reports NBC 7 and Telemundo 20’s Sergio Flores

Borrowers who are or might be in collections should confirm their status right away.

The Education Dept. is restarting “involuntary” repayment of federal student loans in default. Here’s what borrowers who are behind on their bills need to know.

Many student loan borrowers are experiencing challenges on their timeline to debt forgiveness. Here’s what they can do to stay on track for the relief.

After months of Republican backlash against a Biden-era plan, the Department of Education suspended four of the agency’s programs in early March.

Student loan borrowers who are unemployed have a number of relief options available to them, despite current challenges to the system.

Student debt is pretty common. But average balances tend to be higher in certain states.

An hours-long outage on StudentAid.gov, the federal website for student loans and financial aid, has underscored the risks in rapidly gutting the Department of Education.

The Department of Education distributes billions in federal money to colleges and schools and manages the federal student loan portfolio. Closing the department would mean redistributing each of those duties to another agency.

On Feb. 18, a U.S. appeals court expanded an injunction blocking a Biden-era income-driven repayment plan meant to ease the burden of student loans.

The Trump administration has taken down the applications for popular student loan repayment plans from the U.S. Department of Education’s website.

Now that the Biden administration’s SAVE plan is blocked, millions of student loan borrowers will need to find a new way to repay their debt.

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

Here’s what student loan borrowers struggling to pay their bills need to know about the restart of collections.

The Biden-Harris Administration announced Wednesday that student loans will be discharged for over 260,000 former students of San Diego-based online school Ashford University and its parent company after courts ruled the school gave misleading statements to prospective students.

The latest tranche of debt forgiveness brings the total number of people benefiting from student loan cancelations to more than 5 million, the president said.

In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.

Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they’re struggling.