If you are getting a student loan or paying one off, here's what you need to know about changes under Trump's "Big Beautiful ...

New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher ...

President Donald Trump signed his One Big Beautiful Bill Act on the Fourth of July, which will enact a laundry list of his ...

Simplifies repayment under one loan servicer; Flexible loan terms with some lenders; Cons: Loss of federal loan protections, such as: Public Service Loan Forgiveness (PSLF), Income-driven repayment ...

However, the online application process is temporarily suspended, requiring paper submissions for loan consolidation. For educators, the Teacher Loan Forgiveness program provides between $5,000 ...

Key takeaways. Federal Direct Loans are originated by the federal government and don’t come with credit criteria. Federal student loan rates for 2025-2026 range from 6.39% to 8.94%.

Direct Consolidation Loans. This loan type allows borrowers to combine multiple federal loans into one. It can simplify payments, but may increase the total interest paid on the loan.

Why a debt consolidation loan may be better in 2025. When you take out a debt consolidation loan, the goal is to roll multiple credit card balances into one loan, ideally at a lower rate.

Loan consolidation is available for federal student loans, but not private (Image credit: designer491 / Getty Images) By Becca Stanek, The Week US. published 17 March 2025 ...

In the end, the Biden education team inherited two crises (pandemic school closures and sliding student achievement) and created another (FAFSA). They erased the federal student loan debts of more ...