White House News New Biden Student Loan Plan Cuts Payments For Millions, White Reuters

8 million student-loan borrowers on Biden's new repayment plan don't have to make payments after a federal court blocked the program in full

A court blocked the SAVE student-loan repayment plan. All 8 million impacted borrowers are being placed on forbearance. Read More

Income-driven student loan repayment plans have resumed. What to know

The Department of Education is reopening three revised income-driven student loan repayment plans just weeks after the agency suspended the programs, the agency announced Wednesday. IDR loan repayment ... Read More

Biden will ask DOJ to review his authority to cancel student loan debt -White House

President Joe Biden will ask the Department of Justice to review his legal authority to cancel student loan debt, the White House said on Wednesday, adding the president does not favor $50,000 in ... Read More

Student Loan Borrowers Will See Payments Surge Under Major Change—Analysis

The Student Borrower Protection Center reported that the typical borrower could see annual student loan payments rise by $2,929, with corresponding monthly jumps of hundreds of dollars. Read More

Government shutdown won't stop federal financial aid, student loan payments

The US Education Department will be significantly affected by the government shutdown, with 87% of its workforce furloughed, investigations into civil rights complaints halted, and no new federal ... Read More