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

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

After decades of payments, relief might finally be on the way for millions of borrowers. Read More

Trump admin moves to end major student loan forgiveness plan: 'We won't tolerate it'

"The law is clear: if you take out a loan, you must pay it back." ... Read More

Millions of student loan borrowers face repayment decisions after SAVE legal agreement

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

Trump wants to end the SAVE student loan repayment plan. Here's what that could mean

According to a Dec. 9 press release from the Department of Education, as part of the agreement with the Trump administration, the Department will not enroll any new borrowers in the SAVE Plan. 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

Dept. of Education reaches deal to end SAVE plan: What this means for student loan borrowers

On Tuesday, the Dept. of Education announced that it had reached a proposed settlement agreement that, if given court approval, will end the Saving on a Valuable Education (SAVE) student loan ... 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

SAVE plan may end soon, impacting over 7M student loan borrowers: What to know

Enrolled in the SAVE plan? You may soon need to change how you repay your federal student loans. 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 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

Education Department Updates Student Loan Guidance For Key Change To Repayment Plan

Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Department of Education updated key guidance this month to ... 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