The Education ... loan. Consolidating your student loans is a little bit of a double-edged sword in that accrued interest from the previous loans is added to the total principle of the new loan.

“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” Education Secretary Linda McMahon said. Beginning May 5, the department will begin ...

The Education Department announced Monday student loan collections will restart in May for loans in default, a move that could impact millions of borrowers and end the years-long period of ...

Ashley Parks is an Associate Editor at Newsweek based in North Carolina. Her focus is on personal finance, particularly covering debt, banking and Gen Z money. Ashley joined Newsweek in 2024 after ...

The administration has been going through the negotiated rulemaking process to get approval for more student loan relief for five ... The Department of Education is defining hardship as an event ...