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

Student loan update: New changes for borrowers in December

Student loan borrowers should face new repayment changes in just four weeks, as the Education Department finalizes guidance for a new loan repayment plan—under by the One Big, Beautiful Bill Act ... Read More

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

Many student loan borrowers may soon be able to update their repayment plan that lowers their monthly bill. Here's why. 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

New Rule Could Slash Payments for Student Loan Borrowers—Find Out How!

The new rules, part of a broader fiscal reform under President Donald Trump, remove the requirement that borrowers prove “partial financial hardship” to qualify for IBR. This adjustment opens the door ... Read More

Student Loans: Update on Major Change Coming This Month

President Donald Trump's One Big, Beautiful Bill Act opted to phase out SAVE by July 1, 2028, but borrowers hoped to stay on the plan for another two-plus years. A decision is likely arriving in just ... 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 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

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 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 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

White House says it still plans to resume student loan payments in February

The White House said Monday that it still has no plans to extend a pause on student loan payments that has been in effect since the start of the pandemic. When asked Monday if the Biden Administration ... Read More