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

White House moves to erase debt fast. Check if you qualify

Federal student loan rules are shifting toward faster relief for borrowers who fit very specific criteria, and the stakes are high for anyone trying to budget around decades of payments. The White ... Read More

The White House just agreed to cancel debt for millions of American borrowers, and to do it fast. Here’s how to check if you’re one of the lucky ones

Freedom Debt Relief negotiates settlements with your creditors until all of your enrolled debt is resolved. Once you approve your settlement offers, you can repay your debt with one simple monthly ... Read More

Biden administration launches new SAVE student loan repayment plan. Here's how to apply

The Biden administration has launched a beta application for its new repayment plan for federal student loan borrowers. The U.S. Department of Education says borrowers can begin enrolling now in what ... Read More

How Biden's SAVE student loan repayment plan can lower your bill

CHICAGO -- While the Supreme Court struck down President Joe Biden's student loan forgiveness program in late June, a separate and significant change to the federal student loan system is moving ahead ... 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

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

Trump administration pledges to speed some student loan forgiveness after lawsuit

NEW YORK (AP) — The Trump administration has agreed to resume student loan forgiveness for an estimated 2.5 million borrowers who are enrolled in certain federal repayment plans following a lawsuit ... Read More

What student loan forgiveness opportunities still remain under Trump

Under the Biden administration, the U.S. Department of Education made regular announcements that it was forgiving student debt for thousands of people under various relief programs and repayment plans ... 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

New Student Loan Data Show a Historic Spike in Borrowers Falling Behind

With nearly 12 million borrowers behind on their federal student loans, there is a coming tidal wave of loan defaults. Read More

Student-loan forgiveness delays will soon become a bigger problem for borrowers

The Department of Education is working through a backlog of income-driven repayment applications. Advocates are urging quick processing before borrowers face new taxes on student-loan forgiveness next ... Read More