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

Student loan borrowers — including higher earners — may qualify for lower monthly bills soon

Many student loan borrowers may soon be able to switch into a repayment plan that lowers their monthly bill. Here's what to know. 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

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

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

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

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

Trump is kicking off his major overhaul of student-loan repayment

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Ayelet Sheffey Every time Ayelet publishes a story, you’ll get an alert straight to your inbox! 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

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