White House News New Student Loan Repayment Plan Benefits Borrowers Beyond Lower Monthly Payments Cea The White House

New student loan rules take effect this December

Federal student loan borrowers are about to see some of the most sweeping rule changes in years, with a new set of repayment and borrowing limits scheduled to kick in this December. The shift will ... Read More

Student loan update: New changes for borrowers in December

About 42.5 million American borrowers have federal student debt. Read More

New Repayment Plan Set To Transform Student Loans. Find Out If Your Costs Will Increase or Decrease

The newly created Repayment Assistance Plan will be available in less than a year. For many student loan borrowers, monthly payments are expected to be more expensive than current plans. The average ... Read More

Student loan forgiveness at risk for many: new White House policy

New rules tighten eligibility for public-service debt cancellation and income-driven repayment plans, putting the forgiveness prospects of millions of borrowers in flux. A recent rule narrows Public ... Read More

White House agrees to cancel student debt for millions of borrowers

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 ... Read More

Student-loan borrowers are at heightened risk of costly errors when Trump's changes roll out, Democratic lawmakers say

Trump's student-loan repayment overhaul and collections restart make servicer errors more costly, Sen. Elizabeth Warren said. Read More

Student loan debt will be forgiven for millions of borrowers under new Trump admin agreement — here’s how to know if you’re one of them

Millions of student loan borrowers will see the “light at the end of the tunnel” after the Trump administration agreed to reinstate loan forgiveness plans it had partially blocked following a court ... Read More

What to know about Trump’s changes to student loan forgiveness rules

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 ... Read More

Student loan payments resume: What to know as repayment begins in October

For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause, which went into ... Read More