The act only leaves borrowers with a standard repayment plan, which includes 10-25 years of repayments depending on the loan ...

Mass student loan defaults could hurt the economy if borrowers have less money and feel unable to take financial risks, such ...

Education Secretary Linda McMahon, in a statement, urged "all borrowers in the SAVE Plan to quickly transition" to a ...

The Education Department said on Wednesday it would resume applying interest on Aug. 1 to federal student loans of nearly ...

The department urges all borrowers in the SAVE plan to quickly transition to a legally compliant repayment plan,” Secretary of Education Linda McMahon said in a news release.

Starting August 1, interest resumes for 8 million SAVE plan borrowers, ending the relief period and raising financial stress ...

Analysis projects that a typical borrower will be forced to pay more than $3,500 per year, or $300 per month, as interest ...

Starting in August, nearly 8 million student loan borrowers will see interest charges resume on their loans, following a decision by the Trump administration. These borrowers, enrolled in the Saving ...

With 62% of student loan borrowers struggling with payments, discover strategies including income-driven plans, consolidation, and loan forgiveness options.

TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.

Millions of student loan borrowers could face a wake-up call Monday as the Department of Education resumes collecting on school loans. The restart of collections comes as data from a recent ...