Educational News

How high hopes for Biden’s student-loan forgiveness plans cost borrowers

When then-President Joe Biden announced his first federal student loan forgiveness plan in August 2022, he predicted that it would lift tens of millions of Americans out of longstanding debt. A new study suggests that the promises associated with the thwarted plan contributed…

As Defaults on Student Loans Surge, Millions Are Trying to Get Their Lives Back on Track

According to an Associated Press analysis, more than 4.2 million people across the country defaulted on student loans between April 2025 and March 2026 Life after college did not go as Ashley Dreahn planned. After starting out as a teacher,…

Public Service Loan Forgiveness has new rules — 3 changes borrowers should know about

While federal courts have blocked the Trump administration’s efforts to curb eligibility for Public Service Loan Forgiveness, other recent changes still impact borrowers’ ability to benefit from the program. For example, a new repayment plan doesn’t qualify for PSLF, and many parent…

Trump administration’s limits on student loan forgiveness program are blocked.

Student loan borrowers don’t need to worry about losing eligibility for Public Service Loan Forgiveness based on their employer, after two federal judges blocked a Trump administration rule. On Tuesday, U.S. District Judge Amir Ali struck down the regulation adding new restrictions…

Student loan borrowers face glitches and misinformation ahead of major July 1 changes, advocates say

July 1 is a significant date for tens of thousands of Americans who hold federal student loans. That’s when changes to the U.S. Department of Education’s menu of repayment and relief options under the “one big beautiful bill” tax-and-spending package take effect.…

Federal student loans have a new interest rate discount

The Trump administration is offering federal student loan borrowers a deeper-than-usual discount on their interest rates if they sign up for automatic payments soon — but not everyone will qualify. In a June 18 press release, the U.S. Department of Education announced that eligible borrowers who…

Nearly 7 million student loan borrowers remain in defunct Biden-era payment plan: Trump official

Nearly 7 million federal student loan borrowers remain enrolled in a defunct Biden administration-era repayment plan, Nicholas Kent, a top official at the U.S. Department of Education, told CNBC on Thursday. By staying in the Saving on A Valuable Education, or SAVE, plan, these…

Student loan borrowing is ‘high stakes’ as new rules take effect on July 1, CFP says

Student loan borrowers who take certain steps will soon face fewer repayment and debt forgiveness pathways, due to President Donald Trump’s One Big Beautiful Bill Act. “Be very careful when it comes to taking out new student loans,” said Landon Warmund, a certified financial planner and certified student…

Student loan borrowers will have two new repayment options come July 1

Millions of federal student loan holders will have access to two new repayment options starting July 1, due to changes included in the One Big Beautiful Bill Act. As a result of the legislation, some student loan repayment plans are also going away. The Repayment…

Lawsuit over federal student loan caps highlights impact on nursing shortage

A coalition of 25 states and the District of Columbia sued the Trump administration this week over the new limits on federal student loans. For students pursuing careers in healthcare fields, such as nursing, social work, physical therapy and occupational therapy, the lawsuit…