borrowers

Student loan balances fell $7 billion in Q2 2026 to $1.65 trillion, one of only two debt categories to decline, according to the New York Fed’s latest household debt report.…

New Repayment Plans, Borrowing Caps, and Higher Rates The biggest overhaul of federal student loans in a generation takes effect today. Under the One Big Beautiful Bill Act, borrowers who…

New RAP and Tiered Standard Repayment Plan are now live on the online StudentAid IDR Application Paper application is still not finalized for RAP Borrowers are experiencing slow load times…

The Department of the Treasury is set to take over servicing of $179 billion in defaulted federal student loans owed by 7.8 million borrowers (about 18% of all federal student…

Ten Senate Democrats led by Sen. Jeff Merkley (D-OR), Sen. Tim Kaine (D-VA), Sen. Elizabeth Warren (D-MA), and Sen. Sheldon Whitehouse (D-RI) sent a letter to Education Secretary Linda McMahon…

Millions of federal student loan borrowers are facing a deadline that will reshape their monthly payments for years to come. With the SAVE plan struck down in court and forbearance…

Exterior view of the United States Court of Appeals, Ninth Circuit The Ninth Circuit Court of Appeals heard arguments today on the Education Department’s motion to stop the Sweet v.…

A coalition of Republican-led states has asked a federal court to pause its recent dismissal of the lawsuit challenging the SAVE student loan repayment plan. Missouri filed a motion seeking…

A Federal court judge dismissed the main lawsuit against the SAVE Plan, State of Missouri v. Trump, because both sides now want the same outcome. While the preliminary injection blocking…

Borrowers enrolled in the SAVE plan administrative forbearance are receiving notices that their account balances were adjusted after interest was added in error during the 0% interest period of the…