Topic
Student Loans
60 stories related to this topic, newest first.
nypost.comfinance2 days ago
Education Department Launches Income-Based Repayment Plan With Late-Payment Penalties
The U.S. Department of Education introduced the Repayment Assistance Plan on July 1. Borrowers must pay on schedule to keep interest waivers and principal matches. Nearly 46,000 applications were filed by early July.
cnbc.compolitics2 days ago
Trump Student-Loan Changes Take Effect July 1 as Courts Block Some Provisions
Several repayment changes began July 1. Federal judges blocked a narrowed professional-degree definition and limits on Public Service Loan Forgiveness eligibility.
nypost.comfinance5 days ago
Trump Administration Student-Loan Repayment Overhaul Takes Effect, Replacing SAVE Plan With New Repayment Assistance Plan
The administration's repayment changes ended the SAVE plan and introduced new terms effective July 1. Borrowers report monthly obligations rising by hundreds of dollars while facing existing balances and work schedules.
news.sky.combusiness5 days ago
Northern Ireland universities say higher fees would not increase repayments for many graduates
Two Northern Ireland universities told a Westminster committee that raising tuition fees would not lead to higher repayments for many graduates. The submissions addressed concerns about loan sustainability and university funding.
themandarin.com.aupolitics7 days ago
Treasury Committee Faults Student-Loan Communications and Calls for Shared University Funding
The Treasury Select Committee published findings Tuesday accusing the Department for Education of misleading communications on Plan 2 loans. The report cited comparisons to low-cost items and failure to disclose possible changes to terms.
cnbc.compolitics7 days ago
MPs Call for Reversal of Student Loan Threshold Freeze
A cross-party group of MPs urged the next Treasury chief to end a three-year freeze on repayment thresholds for Plan 2 student loans. The Commons Treasury Committee said the policy amounts to mis-selling and adds financial pressure on younger borrowers.
New York Postbusiness7 days ago
Federal Policy Bars Student Loans for Programs With Low Graduate Earnings
A new rule effective July 1 ends federal student loans for degree programs whose graduates earn below the average high-school wage in their state. The change stems from a provision in the Big Beautiful Bill and affects roughly 800 programs enrolling 40,000 students each year.
cnbc.comworld11 days ago
Federal Student Loan Borrowing Limits Tightened and Repayment Plans Reduced Starting July 1
Major changes to federal student loan rules took effect July 1 under the 2025 One Big Beautiful Bill Act. The overhaul imposes new borrowing limits, reduces repayment options, and alters Pell Grant eligibility for millions of borrowers.
axios.compolitics12 days ago
Federal Student Loan Borrowing Caps and Repayment Rules Change July 1
New limits under the 2025 One Big Beautiful Bill Act took effect Wednesday. The overhaul caps annual and lifetime borrowing for parents and graduate students while shifting borrowers from the SAVE plan.
cnbc.comworld12 days ago
New Federal Student Loan Rules Take Effect July 1
Borrowers taking out new federal student loans on or after July 1, 2026, face new repayment plans, borrowing caps, and an interest-rate reduction for auto-pay users. Existing borrowers retain prior plans except those enrolled in the SAVE plan, who must switch within 90 days.
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world12 days ago
New federal student loan limits and repayment rules take effect
Borrowing caps and reduced repayment choices for parents, undergraduates and graduate students begin Wednesday. The changes alter how families and students access and repay federal education loans.
politics12 days agoUpdated
Judge Vacates Education Department Rules Barring Some Employers from Loan Forgiveness Program
A federal judge on Tuesday blocked U.S. Education Department rules set to start the next day. Lawsuits from more than 20 states and other groups challenged the changes. The program has canceled loans for over 1 million borrowers since 2007.
nypost.comworld13 days ago
U.S. Education Department Begins Moving Borrowers from SAVE Plan to New Repayment Options Starting July 1
The Education Department will send notices this week to borrowers enrolled in the SAVE plan, giving them three months to select a new repayment option. Borrowers who do not choose will be placed in the Standard plan, with the first removals set for the end of September 2026. New…
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axios.compolitics13 days ago
Federal Judge Blocks Rule Limiting Student-Loan Forgiveness for Public-Service Workers
A federal judge blocked a rule that would have narrowed eligibility for the Public Service Loan Forgiveness program hours before it was scheduled to take effect on July 1. The ruling keeps the existing program in place for all qualifying government and nonprofit employers.
business14 days ago
Graduate Student Loan Limit Rises to $50,000 per Year
A legal challenge has doubled the annual federal borrowing cap for certain graduate students to $50,000. The higher limit takes effect this week under a law enacted earlier.
finance13 days agoUpdated
Federal Loan Caps for Graduate Students Begin July 1
Starting July 1, federal borrowing limits take effect for graduate and professional students under the One Big Beautiful Bill Act. Many students will turn to private lenders that carry higher interest rates.
winnipegfreepress.comscience14 days ago
New Federal Graduate-Loan Caps Begin as Nursing Groups Sue Over Exclusions
The Department of Education's RISE rules limit annual borrowing to $20,500 for most graduate students starting Wednesday while allowing $50,000 for 11 listed professional degrees. The American Nurses Association and nine other groups filed suit challenging the framework.
ABC Newspolitics14 days agoUpdated
U.S. Department of Education Expands Graduate Programs Eligible for $200,000 Loan Caps After Court Order
The revised rule adds 29 programs including several nursing degrees to the higher federal limit and takes effect Wednesday. It follows a court order blocking the department's original definition of professional degrees.
winnipegfreepress.compolitics14 days ago
Federal Judge Expands Professional Degree List for Higher Student Loan Caps
A federal judge blocked the Education Department's narrow definition of professional degrees, allowing more graduate programs including nursing to access up to $50,000 in annual federal loans. The ruling affects borrowing limits set by the One Big Beautiful Bill Act that took eff…
axios.compolitics14 days ago
Federal student loan borrowers must select new repayment plan by October 1
Borrowers previously enrolled in the SAVE repayment plan have at least 90 days starting July 1 to choose from nine repayment options offered by the Department of Education. The change follows a March federal court decision that ended the SAVE plan.
abcnews.go.comfinance14 days ago
House Resolution 1386 Proposes 2 Percent Cap on Federal Student Loan Rates
A bipartisan measure would lower rates on new and existing federal student loans to 2 percent and refinance them automatically through the Department of Education. The bill has been referred to the House Rules Committee. Supporters say it would ease repayment burdens for millions…
abcnews.go.compolitics15 days ago
Student Loan Repayment Rules Change July 1 Under Federal Law
Borrowers must select new repayment plans by October as the SAVE plan ends and two replacement plans take effect. Parent PLUS and graduate loan limits also tighten under the One, Big, Beautiful Bill Act.
theconversation.comworld15 days ago
New Federal Loan Limits Cap Graduate Nursing Borrowing at $20,500 Per Year
A federal law effective July 1 limits annual graduate student loans for nursing programs to $20,500. The cap is less than half the amount available to students in several other health professions.
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Nprworld16 days ago
U.S. to Cap Graduate Federal Loans at $20,500 Yearly Starting July 1 Despite Partial Court Block
The Education Department will enforce annual and lifetime limits on graduate student borrowing next month after Congress ended the Grad PLUS program. The policy change seeks to restrain college prices, though economists differ on its likely effect.
forbes.comworld17 days ago
Judge Temporarily Blocks Narrower Professional-Degree Rule for Nurse Practitioner Loans
@Forbes reported that U.S. District Judge Beryl Howell issued a stay on June 25, 2026, preventing the Education Department from applying a narrowed definition of professional degrees. The order halts implementation of new federal graduate student loan limits scheduled for July 1.
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pbs.orgfinance18 days ago
Federal student loan changes take effect July 1 after staff cuts at managing office
New lifetime caps and repayment limits begin next week. The office overseeing the $1.7 trillion portfolio lost 40 percent of its staff earlier this year.
foxnews.compolitics18 days ago
Judge Blocks Narrowed Professional Degree Definition for Student Loan Caps
US District Judge Beryl Howell issued a temporary order Wednesday night blocking the Department of Education's narrowed definition of professional degrees. The ruling pauses limits on advanced nursing and healthcare programs while allowing higher borrowing caps to take effect Jul…
The Guardianworld19 days ago
Federal loan caps take effect July 1 for physician assistant programs
New annual limits of $20,500 on federal graduate loans begin 1 July. Groups representing physician assistants say the caps fall below median program costs and may deter applicants.
marketwatch.comfinance19 days ago
Florida lawmakers plan vote to cut federal student loan interest rate to 2%
Republican Rep. Anna Paulina Luna and Democratic Rep. Jared Moskowitz said they will seek a floor vote on legislation that would lower the interest rate on federal student loans to 2%. The two Florida members appeared on CNN to outline the bipartisan effort.
Washington Examinerpolitics20 days ago
Student Loan Repayment Changes Take Effect July 1 Under New Law
The SAVE plan ends July 1 and is replaced by rules in President Donald Trump’s One Big Beautiful Bill Act. Roughly 7 million borrowers must switch plans or face automatic enrollment in standard repayment.
nypost.comworld20 days ago
New Federal Student-Loan Caps and Repayment Plans Begin July 1 as Grad PLUS Loans End
The One Big Beautiful Bill Act, passed by Congress in 2025, imposes new annual and lifetime borrowing limits on graduate and Parent PLUS loans starting July 1, 2026. Existing repayment plans are consolidated while the SAVE plan ends and two new options launch.
pymnts.combusiness21 days ago
Federal Student Loan Interest Rates Cut 1 Percent for Two Years as Borrowers Switch Repayment Plans
The Department of Education announced a temporary reduction in federal student loan interest rates by 1 percent beginning July 1. A survey of 1,005 graduates found most credit loans for completing college yet report delays in retirement savings and home purchases. The move follow…
nbcnews.compolitics23 days ago
Education Department Offers 1% Rate Cut on Some Student Loans Only to Auto-Pay Borrowers
The temporary reduction applies to Direct Loans issued after July 1, 2012, and runs from July 1 through June 30, 2028. Borrowers must enroll in automatic payments and, in some cases, consolidate loans to qualify.
nbcnews.compolitics24 days ago
Education Department Offers 1-Point Rate Cut on Some Federal Student Loans Through 2028 but Adds New Borrowing Limits
The temporary reduction applies to Direct Loans issued after July 2012 for borrowers in or signing up for autopay. Delinquencies reached 10.3 percent in the first quarter.
foxnews.comworld25 days ago
Education Department to cut interest rates by 1 point for autopay borrowers on loans after 2012
The temporary reduction runs from July 1, 2026, through June 30, 2028, and covers loans issued after July 1, 2012. It applies only to borrowers already enrolled in autopay or who sign up for it.
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blackenterprise.comfinance25 days agoUpdated
Education Department to Cut Student-Loan Interest Rates by One Point for Auto-Pay Borrowers Through June 2028
The reduction begins July 1, 2026, and lasts through June 2028. Borrowers already in auto-pay plans receive it automatically.
The Boston Globefinance25 days ago
U.S. Offers 1 Percent Autopay Discount on Some Federal Student Loans Through 2028 at Estimated $6 Billion Cost
The temporary discount begins July 1 and runs through June 30, 2028. It replaces the prior 0.25 percent rate reduction for borrowers who enroll in automatic payments.
Forbesfinance25 days ago
Connecticut and Minnesota Create State Graduate Loan Programs After Federal Option Ends July 1
Connecticut and Minnesota introduced state-backed graduate loans this month with fixed rates starting at 5.50% and 5.73%. The programs aim to replace a federal borrowing channel that closes on July 1.
abcnews.go.compolitics27 days ago
House Panel Advances Measure to Raise Federal Loan Limits for Nursing Degrees
A House Appropriations Committee amendment would increase borrowing limits for advanced nursing degrees above the $100,000 cap set by last year’s legislation. The change would take effect no earlier than October if included in the final budget.
cnbc.comworld28 days ago
Thousands of Borrowers Get Student-Loan Cancellation Emails Under Settlement
Thousands of borrowers were notified this week that their federal student loans will be discharged under the Sweet v. McMahon settlement agreement.
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rnz.co.nzworld30 days ago
Student loan company seeks 42,000 overseas graduates owing £893 million
The Student Loans Company is attempting to locate more than 42,000 former European students who left without repaying loans totaling £893 million. The government-owned company has contacted authorities in other countries to trace the borrowers.
nbcnews.compolitics32 days ago
Over 300,000 Borrowers Leave SAVE Plan After Court Ends It
More than 300,000 federal student loan borrowers have left the SAVE repayment plan in recent weeks. Millions remain enrolled as notices are scheduled to begin July 1.
finance33 days ago
Department of Education to Notify SAVE Borrowers of July 1 Deadline to Switch Plans or Enter Standard Repayment
Starting July 1, the Department of Education will begin notifying borrowers on the SAVE plan of a 90-day window to select a new repayment option. Those who do not choose will be moved automatically into either the standard plan or the new tiered standard plan.
focustaiwan.twworld34 days ago
New Federal Student Loan Rules Take Effect July 1
Starting July 1, 2026, the Saving on a Valuable Education repayment plan ends and two new repayment plans begin. Borrowers face new borrowing limits and must choose from revised repayment options under the One Big Beautiful Bill Act.
politics36 days ago
Democratic lawmakers urge Education Department to cancel student debt
More than 60 Democratic members of Congress called on the Education Department to grant debt relief to borrowers already approved under existing programs. The request also seeks an extension of the pause on involuntary collections and a halt to the transfer of defaulted loans to…
finance38 days ago
Trump Administration Moves Defaulted Student Loans to Treasury for Collection via Existing Federal Program
The move routes defaulted borrowers through the Treasury's Cross-Servicing program, which relies on private contractors. More than 10 million borrowers are in default or delinquency.
Usa Todaybusiness42 days ago
Federal student loan repayment plans change July 1
Several federal student loan repayment plans will end or close to new borrowers on July 1. Borrowers currently enrolled in affected plans have until that date to switch or consolidate.
pbs.orgworld42 days ago
Student Loan Caps, Repayment Overhaul, and Pell Grant Changes Take Effect July 1, 2026
The One Big Beautiful Bill Act, signed by President Trump in 2025, introduces new annual and lifetime borrowing limits and reduces repayment options for federal student loans starting July 1, 2026.
pbs.orgpolitics42 days ago
Education Department Proposes Student Loan Eligibility Tied to Graduate Earnings
The Education Department is reviewing a proposal that would bar federal student loans from undergraduate and graduate programs whose typical graduates earn below set thresholds. Thousands of programs could lose eligibility if the rule is finalized.
theconversation.combusiness42 days ago
New Federal Student Loan Caps and Pell Grant Changes Take Effect in 2026 Under One Big Beautiful Bill Act
The law signed by President Trump in 2025 limits borrowing amounts and repayment choices for new and existing federal student loans. Roughly 7.2 million SAVE plan borrowers will select new repayment options by late 2026.
pbs.orgfinance43 days ago
New federal student-loan repayment plans and borrowing limits take effect July 1
Two new repayment plans and limits on graduate borrowing replace prior options for federal student loans. Borrowers on the SAVE plan must select a replacement within 90 days or be moved automatically.
Washington Monthlypolitics43 days ago
Federal Student Aid Rules Change July 1 for Loans and Grants
Starting July 1, borrowers will see new repayment and forgiveness options while students face borrowing limits. Low-income adults will gain access to Pell Grants for short-term workforce training programs.
foxnews.comworld45 days ago
Education Department to Launch Two New Student Loan Repayment Plans on July 1
The Education Department will introduce a tiered Standard repayment plan and a Repayment Assistance Plan for federal student loans starting July 1. The plans differ from existing options in repayment terms, payment calculations, and eligibility for forgiveness.
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forbes.comfinance46 days ago
Federal and Private Student Loans Differ in Terms and Eligibility
Federal student loans are issued by the U.S. Department of Education after a FAFSA application. Private student loans are issued by banks and online lenders that require a credit check.
BBC Newspolitics48 days ago
Treasury Inquiry Examines Student Loan Terms in England
A Treasury review is assessing repayment conditions for student loans issued in England. The inquiry focuses on whether current plan terms are reasonable for borrowers.
insidermonkey.comfinance49 days ago
New York Man Discusses $65,000 Student Loan Debt on Podcast
A 26-year-old New York caller described $65,000 in student loans he expected his mother to pay. The discussion addressed both repayment options and family communication.
pymnts.comfinance51 days ago
Federal Student Loan Defaults Reach 3.6 Million After Payment Pause Ends
New York Fed data shows defaults have returned to pre-pandemic levels. Borrowers aged 50 and older now show the highest default rates.
thegatewaypundit.comworld52 days ago
Federal Appeals Court Dismisses Challenge to 2019 Student Loan Discharge Rules
A federal appeals court dismissed a legal challenge to 2019 Education Department rules that set stricter standards for discharging federal student loans under the Borrower Defense to Repayment program. The ruling follows 2025 legislation that codified those standards into statute…
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indianexpress.comworld53 days ago
Education Department Approves Student Loan Forgiveness for 11,500 Borrowers in April
The U.S. Education Department reported that more than 11,000 borrowers received loan discharges under the Public Service Loan Forgiveness program in April. The department also approved 6,600 borrowers through the PSLF Buyback program. New regulations scheduled for July 1 would ex…
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yahoo.compolitics54 days ago
Education Department Hiring Hundreds for Student Loan Office After Staff Cuts
The Office of Federal Student Aid is adding around 380 new workers after losing roughly half its staff last year. Officials said the hires will help manage the $1.7 trillion student loan portfolio and related programs.