student loans
27 stories related to this topic, newest first.
indianexpress.comEducation 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.
cdn.thecollegeinvestor.comFederal 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.co.ukTreasury 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.comNew 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.comFederal 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.comFederal 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…
indianexpress.comEducation 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…
yahoo.comEducation 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.
foxnews.com23 States Sue Trump Administration Over Student Loan Rule for Healthcare Degrees
A coalition of 23 states, the District of Columbia, and two governors filed a lawsuit Tuesday in federal court challenging a new federal student loan rule affecting healthcare professional programs.
indianexpress.comEducation Department Says 5,300 Borrowers Will Receive Student Loan Discharges
The U.S. Education Department stated that about 5,300 borrowers will receive federal student loan discharges in May under income-driven repayment plans. The department filed the update last week in federal district court as part of an ongoing lawsuit.
cnet.comPSLF Buyback Backlog Stands at 88,000 After Education Department Processes 6,870 Applications in April
The Trump administration released updated PSLF Buyback statistics in a court filing on Wednesday, showing the first decline in the application backlog. The Education Department processed more requests than it received last month while identifying nearly 20,000 duplicate submissio…
pymnts.comU.S. Household Debt Edges Up to $18.8 Trillion in Q1 2026, New York Fed Reports
Total U.S. household debt increased by $18 billion in the first quarter to $18.8 trillion, according to the New York Fed, with mortgage and auto loan balances rising while credit card debt fell seasonally. Delinquency rates matched their highest level since 2017, driven in part b…
themandarin.com.auEducation Department Appeals Court Deadlines for Sweet v. McMahon Student Loan Settlement
Education Secretary Linda McMahon and the department are appealing court rulings that rejected attempts to delay relief for post-class applicants under the Sweet v. McMahon settlement. Two federal judges denied extension requests, and the Ninth Circuit rejected an emergency stay.
pymnts.comU.S. Household Debt Rises to $17.794 Trillion in Q1 2026
The Federal Reserve Bank of New York reported total household debt increased $18 billion from the prior quarter, driven by gains in mortgages, auto loans and HELOCs that offset a seasonal drop in credit card balances. Delinquency rates showed little overall change at 4.8 percent,…
Private Student Loans Poised for Growth as Trump Repayment Changes Take Effect
President Donald Trump's federal student-loan changes set to begin July 1 will limit federal borrowing and direct more students toward private lenders. Business Insider reviewed a decade of Consumer Financial Protection Bureau complaints and interviewed borrowers and former regul…
forbes.comSupreme Court Rules New Jersey Nonprofit Can Immediately Challenge State Donor Subpoena
The U.S. Supreme Court ruled a New Jersey nonprofit can contest a state subpoena for sensitive donor information without waiting for enforcement. The decision comes as the October 2025 Term has produced 29 opinions by late April 2026. A federal trade court separately struck down…
abcnews.go.comCongressional Democrats Introduce Resolution to Block Trump-Era Student Loan Limits
Sens. Jeff Merkley and Angela Alsobrooks, along with three House Democrats, will introduce a Congressional Review Act resolution targeting the Department of Education’s final rule. The rule limits colleges’ ability to charge high tuition, caps graduate and professional student bo…
ForbesTrump Administration Caps Federal Grad Loans for Advanced Nursing, Therapy and Education Degrees
The Trump administration has narrowed the definition of professional degrees in the One Big Beautiful Bill, restricting higher federal student loan limits for advanced practice nurses, physician assistants and other health professionals. The changes take effect July 1, 2026, desp…
Detroit man pleads guilty in $16 million federal student aid fraud scheme
A Detroiter pleaded guilty in federal court to his role in a scheme that fraudulently obtained more than $16 million in federal student aid. The plea triggers mandatory restitution and potential prison time while exposing gaps in federal verification processes used by the Departm…
BBC NewsFifth Circuit Requires In-Person Dispensing of Mifepristone
A federal appeals court ruled that mifepristone must be distributed in person, overriding FDA mail regulations. The decision, stemming from a Louisiana lawsuit, prompted an emergency appeal to the Supreme Court by the drug's manufacturer. Separate developments include new student…
Substrate placeholder — needs reviewTrump Administration Changes Student Loan Discharge Methods and Relaxes Medical Marijuana Rules
The Trump administration has altered several processes for discharging student loans. It has also decided to ease federal regulations on medical marijuana, providing significant tax breaks for cannabis companies. These changes could impact borrowers and the cannabis sector.
forbes.comDepartment of Education Finalizes Borrowing Caps for Graduate and Professional Federal Student Loans
The U.S. Department of Education has finalized regulations introducing borrowing caps on federal student loans for graduate and professional degrees. The changes, part of President Trump's Working Families Tax Cuts Act, eliminate the graduate PLUS loan program and set new annual…
Substrate placeholder — needs reviewScholly Co-Founder Sues Sallie Mae Over Termination and Alleged Data Practices Following 2023 Acquisition
Chris Gray, co-founder of scholarship search app Scholly, has sued Sallie Mae in Delaware Superior Court, claiming wrongful termination after raising data privacy concerns. He alleges the company sells user data through a subsidiary. Sallie Mae denies the allegations.
winnipegfreepress.comEducation Department Misses April 15 Deadline for Reviewing Group 2 Student Loan Forgiveness Applications
The U.S. Education Department failed to meet the April 15, 2026, deadline for issuing decisions on post-class applications in the Sweet v. McMahon case. This entitles affected borrowers to loan discharges, refunds, and credit amendments under settlement terms. The department's ap…
US Department of Education to Transfer Millions of Defaulted Student Loan Accounts to Treasury Department
The US Department of Education announced in March plans to transfer millions of federal student loan accounts to the Treasury Department, beginning with defaulted borrowers. This move follows a 2015 pilot program under the Obama administration that showed lower recovery rates for…
order-order.comFinancial Advice Column Addresses Student Loans, Gold Coins and Social Security Benefits
A financial advice column responds to reader questions on tax implications of paying a child's student loans, selling inherited gold coins and spousal Social Security benefits. The responses cover gift tax exemptions, capital gains taxes and eligibility rules for benefits. The co…
Substrate placeholder — needs reviewOverview of Plan 2 Student Tuition and Maintenance Loans in England
Plan 2 student loans in England cover tuition fees and living costs for undergraduates who started courses between 2012 and 2023. Repayments begin when earnings exceed a threshold, with 9% of income above that level deducted automatically. A growing debate surrounds the terms of…