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Now that President Trump has signed Republicans' massive overhaul of the federal student loan program, we explain what's set to change.
Millions of borrowers in income-driven repayment will need to switch plans by July 1, 2028.
The Department of Education is suspending student loan forgiveness under the Income-Based Repayment plan (IBR), which offers an affordable option for borrowers to repay their loans.
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 ...
Student loan borrowers enrolled in the interest-free SAVE forbearance will soon see their debt begin to grow again, the Trump administration says.
Education Secretary Linda McMahon, in a statement, urged "all borrowers in the SAVE Plan to quickly transition" to a different loan program.
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
The Trump administration’s Department of Education is taking action to channel millions of borrowers who are in legal limbo back into repayment. The department announced Wednesday that interest ...
On the contrary, as The New York Times reported, Trump and his team are taking new steps to make life worse for student loan borrowers.
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