Since President Donald Trump took office in January 2025, sweeping changes have been made to federal student debt relief ...
Key Points ・The SAVE repayment plan is ending, and borrowers remain in administrative forbearance with no set date for ...
There is currently more than $1.6 trillion of student loan debt in the United States. A person with an average amount of undergraduate federal student loan debt is paying about $299 a month over the ...
Under President Trump’s One Big Beautiful Bill Act (OBBBA), the Department has eliminated the Grad PLUS program and capped ...
The Department of Education concluded its negotiations on Trump's student-loan repayment overhaul, with big implications for federal borrowers.
If the legislation is enacted as drafted, a student loan borrower earning roughly $80,000 a year (the median for a bachelors' degree holder in 2024) would have a monthly payment of $467 under the ...
The US education department has notified changes to its student debt programme under the Trump administration. Here are key ...
Borrowers who enroll in the new Repayment Assistance Plan next year will see their student loan balances lower every month, no matter their payment size. Borrowers with lower incomes could have ...
Lower-income borrowers will see a greater increase in payments compared to typical college graduates pixdeluxe / Getty Images The newly created Repayment Assistance Plan will be available in less than ...
Republicans' One Big Beautiful Bill Act could result in higher monthly payments for many federal student loan borrowers, a new analysis finds. Stream Connecticut News for free, 24/7, wherever you are.