Buried in the SAVE plan settlement is a provision that could place major restrictions on the Education Department's ability ...

Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: 5.5 million borrowers in default, another 3.7 million more than 270 days ...

The Education Department announced a long-delayed expansion of a key repayment plan for student loans this week, paving the ...

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 ...

The program, introduced in 2023 under then-President Joe Biden’s administration, was hit with legal challenges from several GOP-led states, including Missouri, and has been blocked by the courts. The ...

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.

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 ...