The new law replaces current IDR plans with two primary options for new federal student-loan borrowers. The first, termed the Repayment Assistance Plan, will cap monthly payments at 1-10% of a ...

Borrowers who received a Pell Grant in college are eligible for up to $20,000 in debt cancellation. People who didn't receive a Pell Grant are eligible for up to $10,000 in student loan ...

Federal loan rates for the fall semester are slightly lower compared to last year. Undergraduate borrowers will pay 6.39% fixed on new federal loans disbursed between July 1, 2025, and June 30 ...

About 7% of federal student loan debt is from Parent PLUS loans borrowed by parents on behalf of their children, according to the Education Data Initiative. [Read: Best Parent Student Loans ...

President Trump’s One Big Beautiful Bill, signed into law in early July, includes an overhaul of the federal student loan ...

WASHINGTON -- Student loan forgiveness for public-sector workers such as teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the ...

Home Taxes Trump Targets Student Loan Forgiveness: Here’s How Taxes and Repayment Could Soon Change The so-called One Big Beautiful Bill and the Trump administration’s executive action are ...

Nearly 64,000 Texas borrowers will have their federal student loans forgiven after a U.S. Department of Education review concluded they qualified for the benefit.