student

Key Points Borrowers currently on SAVE, PAYE, or ICR will switch to RAP or IBR next year. Monthly payments could rise sharply for borrowers under these plans. Examples show some…

Key Points Borrowers with federal loans issued after July 1, 2026, will choose between the new Standard Plan or a new income-based option called the Repayment Assistance Plan (RAP). Existing…

Did you know that you can get a free college student bank account with all the perks you’d expect from a full-service account? Being a student doesn’t mean you have…

Key Points The Department of Education had signed formal agreements to transfer some federal student loan operations, including collections, to the Treasury Department. These transfers are part of a broader…

Key Points Federal student loan forgiveness is available through multiple programs. Public Service Loan Forgiveness, Teacher Loan Forgiveness, and Income-Driven Repayment Forgiveness are the most common federal programs. Borrowers should…

Key Points The FTC has permanently banned multiple companies and individuals for running fake student loan debt relief operations that promised forgiveness and charged illegal fees. These scams often targeted…

Key Points A proposed new student loan cap would tie borrowing limits to a national median cost of attendance by program. That formula automatically underfunds at least half of students…

Key Points The SAVE repayment plan remains in legal limbo, and borrowers are in administrative forbearance while the court weighs its future. The reconciliation bill advancing in Congress would eliminate…

Key Points New online applications for income-driven repayment (IDR) are being processed in about a week. Servicers are prioritizing cases where legal eligibility is clear, while SAVE-related requests remain delayed…

Key Points Student loan borrowers can still enroll in PAYE and ICR , but loan forgiveness at the 20- or 25-year mark is paused due to a court injunction. Forgiveness…