What is the effect when a half-million debt-burdened debtors seeking relief receive a “no” response each month? At the end of August 2023, the U.S. Department of Education denied 327,955 applications ...

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 ...

WASHINGTON, DC - JUNE 03: Education Secretary Linda McMahon testifies before the Senate Appropriations Committee's Labor, Health and Human Services, and Education Subcommittee about the proposed ...

WASHINGTON, DC - JULY 31: U.S. President Donald Trump speaks with Secretary of Education Linda McMahon during an executive order signing ceremony at the White House on July 31, 2025. The Trump ...

Hundreds of thousands of student loan borrowers remain stuck in a backlog of requests for an affordable payment plan or debt ...

The Department of Education building in Washington, D.C., March 24, 2025. Editorial Fellow Millions of student loan borrowers whose monthly payments were reduced to as low as $0 under a forgiveness ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Illustration ...

Millions of student loan borrowers whose monthly payments were reduced to as low as $0 under a forgiveness plan started by the Biden Administration could be forced to move to new repayment plans and ...

Borrowers must consolidate their loans or risk losing lower payments and potential forgiveness. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Because of the media’s justifiable focus on the Medicaid cuts, tax cut extensions for the rich and major increases to the deficit included in President Donald Trump and the Republican’s One Big ...

The Institute for College Access and Success (TICAS), a student loan borrower advocacy organization, is warning against a new repayment plan that the Trump administration is introducing within the ...