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

Millions of borrowers need to switch plans after a court blocked the new student loan program

Protect Borrowers, a nonprofit focused on the debt crisis, reports about 147,800 people in Indiana are enrolled in the SAVE plan. In all, Hoosiers owe more than$30 billion in federal student loans, ... Read More

Millions of student loan borrowers will soon have higher monthly payments

KEY TAKEAWAYS Millions of borrowers on the Saving for a Valuable Education plan will soon need to move to another repayment plan and resume making payments for the first time in over a year.Depending ... Read More

SAVE Plan agreement triggers new repayment decisions for 7.7 million student loan borrowers

KEY TAKEAWAYS The Department of Education announced an agreement with the states suing for the elimination of the Saving for a Valuable Education repayment plan.More than 7.7 million borrowers still ... Read More

Student loan borrowers may qualify for lower monthly payments. Here's how

Many student loan borrowers may soon be able to switch their repayment plan that lowers their monthly bill. The U.S. Department of Education said it will be finished implementing changes to the plan ... Read More

Student Loan Borrowers, Do These 7 Things Before The End Of 2025

WASHINGTON, DC - MAY 12: Student loan borrowers gather near The White House to support student loan forgiveness on May 12, 2020 in Washington, DC. (Photo by Paul Morigi/Getty Images for We, The 45 ... 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

DOE aims to end Biden student loan repayment plan. What it means for Ohio

More than seven million student loan borrowers may lose out on flexible repayments if the Biden-era SAVE plan ends. Here’s what it means for Ohioans. Read More

6 New Student Loan Repayment And Forgiveness Rules Are Nearly Final

Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Department of Education completed a rulemaking process ... 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