Student loans to go to Treasury Department
Digest more
In an ominous sign for student loan borrowers, the Education Department published new data indicating that backlogs for repayment plans and loan forgiveness are ongoing.
Many borrowers have already met the requirements for loan forgiveness under income‑driven repayment (IDR) plans.
Court’s decision to eliminate Save plan and internal shuffling on who handles what when it comes to student loans presents new challenges for borrowers
A federal appeals court has struck down the Biden‑era SAVE student loan repayment plan after years of legal challenges. The program, which offered the most generous repayment terms and potential loan forgiveness after as little as 10 years,
After a long court battle, the SAVE plan is officially kaput. Launched in 2023, the Biden administration’s Saving on a Valuable Education (SAVE) federal student loan repayment plan was created to replace the outgoing REPAYE program–and help keep Biden’s campaign promise to forgive student loans.
Some types of student loan forgiveness will be taxed again after five years of being tax-free. The change will impact borrowers in income-driven repayment plans who have their debts canceled as a result of making a certain number of qualifying monthly payments.
Federal appeals court officially ends Biden's SAVE student loan plan, reportedly impacting 7 million borrowers who must now seek alternative repayment options.
President Trump signed an executive order for changes to the PSLF program in March 2025. They impact who qualifies for forgiveness and go into effect July 1, 2026.
Trump's cap on student-loan borrowing for advanced degrees has prompted colleges to create new lending programs to fill financing gaps.
A major deadline for certain federal student loans is only two weeks away, and failing to act could be a costly mistake for hundreds of thousands of borrowers.