Repayment

The Question Why do you keep calling graduated repayment ‘a trap’? — Anonymous Facebook User Welcome to the Friday mailbag, where we take one reader question and answer it. Have…

Department of Education is increasing its direct monitoring of student loan servicers More accountability on companies via withholding of payments Student loan borrowers to be made whole when issues happen…

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…

Short answer: no. For nearly every federal student loan borrower, wage garnishment and the rest of the default collections process will cost more than the lowest-payment repayment plan they qualify…

The final rule caps annual graduate borrowing at $20,500 and professional-student borrowing at $50,000, while also capping Parent PLUS loans for the first time at $20,000 per year and $65,000…

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…

Key Points A new proposed reconciliation bill would overhaul federal student loans by setting stricter borrowing limits, ending Parent PLUS Loans, and creating new repayment rules for loans after July…

Key Points The Department of Education will reopen IDR applications starting March 26, but processing remains paused. The shift comes amid a lawsuit from AFT and SBPC demanding access to…

Key Points The Department of Education has halted all income-driven repayment (IDR) plan applications, including online and paper submissions, following a court order. Borrowers who missed their IDR recertification deadline…

Key Points The Department of Education removed the PDF version of the Income-Driven Repayment (IDR) Request form from StudentAid.gov on February 25, 2025. This follows a court ruling that blocked…