It’s a challenging time for many federal student loan borrowers just trying to pay off their debt. Here’s what borrowers need ...
Many Gen Xers struggle to balance their current financial obligations with plans for the future, including retirement. Here's ...
When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in. The content of this article is provided for information ...
President Donald Trump announced Friday he plans to move the federal student loans portfolio from the Department of Education to the Small Business Administration (SBA), the biggest of several ...
It also oversees federal student loans held by nearly 43 million people, or 1 in 6 American adults, according to the Congressional Research Service. Now, borrowers are wondering what it will mean ...
The department’s Office of Federal Student Aid typically coordinates closely with loan servicers to credit payments, manage income-driven repayment updates, and guide borrowers out of default.
What does this all mean for the more than 40 million Americans who hold federal student loans? "[T]his would create chaos," said Michele Shepard Zampini, senior director of college affordability ...
It could be much more expensive to repay student loans after recent changes with the U.S. Department of Education. Income-driven payment plans have been suspended and can no longerbe accessed on ...
Mr. Trump announced Friday that student loans will move under the Small Business Administration. Education Department employees could change departments in order to preserve institutional memory ...
If you borrowed money for college for yourself or your child, you may be eligible for the student loan interest deduction, which can reduce your taxable income by up to $2,500. You’re only ...
WASHINGTON, March 20 (Reuters) - Student loan and Pell grant programs will still be run by the U.S. Department of Education, the White House said on Thursday, as President Trump prepared to sign a ...
Languages: English Trump has updated the department's income-driven federal student loan repayment programs, causing some borrowers to see their monthly payments rise to anywhere from $500 to $5,000.