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The new law will impact roughly 30% of Duke students who take out loans and a host of alumni in the process of paying off ...
President Donald Trump's "One Big Beautiful Bill," signed into law on July 4, delivers sweeping changes to federal student ...
Some 1 million borrowers will enter default this month—meaning they will become subject to federal collections.
Student loan borrowers could see their monthly payments spike under President Trump’s “big, beautiful" bill, which would cut down a handful of repayment options to just two.
Millions of student loan borrowers in the United States are expected to see their monthly payments rise significantly following President Donald Trump 's signing of the One Big Beautiful Bill Act ...
Nearly two million student loan borrowers are at risk of having their wages garnished next month, credit-reporting agency TransUnion said on Tuesday. Fresh data shows a sharp increase in the ...
Borrowers working toward a professional graduate degree (i.e., medical or law school) will have their borrowing capped at $50,000 a year and their lifetime cap increased from $138,500 to $200,000.
It found that 31% of borrowers have a payment of more than 90 days past due as of April — up from 20.5% in February — and it estimates that of the 5.8 million newly delinquent borrowers, 1.8 ...
Borrowers who previously applied for the IBR, PAYE or ICR plans do not need to reapply, according to the Education Department. The latter two plans will, however, be phased out in 2028.
President Trump’s new tax and spending law brings sweeping changes to the federal student loan system, affecting both current and future borrowers. Nearly half a million borrowers could see ...
Some borrowers’ credit scores have also suffered. Student loan holders who have entered delinquency in recent months have suffered an average credit-score reduction of 60 points, TransUnion data ...