Student loan borrowers face a new status quo after Congress and President Donald Trump signed off on a massive budget ...

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 ...

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 ...

President Donald Trump’s massive tax and spending package will set new limits on how much money students can borrow for college and graduate school.

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 ...

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 ...

If you've already submitted your FAFSA form, the Department of Education says it will process your online application within one to three days (paper form submissions take longer).

News Brief. Thursday, June 26, 2025 — 10:57 am. U.S. Department of Education simplifies FAFSA application process. The Free Application for Federal Student Aid, known as FAFSA, will open on Oct. 1, ...

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 ...

Debt consolidation loans generally have lower interest rates than credit cards, especially for borrowers with good credit. While the average credit card interest rate is closing in on 23% ...