Topic
federal-debt
4 stories related to this topic, newest first.
nypost.comfinance4 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.
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…
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.
finance.yahoo.comfinance65 days ago
Treasury Raises Q2 2026 Borrowing Estimate to $189 Billion
The Treasury Department now expects to borrow $189 billion in the April-June 2026 quarter, $79 billion more than its February projection. The increase follows weaker-than-expected cash flow, new tax breaks and tariff refunds. Bond market analyst Mark Malek described the broader d…
FO