By —Collin Binkley, Associated Press WASHINGTON (AP) — President Donald Trump is ordering changes to the Public Service Loan Forgiveness program that would disqualify workers of nonprofit groups deemed to have engaged in “improper” activities. An executive order signed Friday directs the Education Department to modify the program to deny loan relief to some borrowers. It would…
Tobi Opeyemi Amure May 5, 2026 For decades, the math on graduate school in America worked something like this. You borrowed what you needed, finished the degree, and out-earned the debt over a long career. Washington made that bet possible. The federal government would lend you whatever the school charged, with no credit check, no…
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Aug. 24, 2022, 12:21 PM EDT By Alex Ford and Lauren Egan Biden’s expected student loan forgiveness announcement could help up to tens of millions of borrowers and wipe the slate clean for as many as 14 million. A sign calls for the cancellation of student debt at a rally at the Department of Education. Students took part…
Story by David Nadelle Discover an older person at a wooden table using a laptop while holding a phone, with papers, a mug, and pill bottles nearby© RichVintage Student loan debt in America exceeds $1.8 trillion, but most of the 40 million borrowers do not seem to know what would happen to their debt if they died. Although private…
Some student loan repayment mistakes are made the day you borrow money. By Maryalene LaPonsie | Reviewed by Mark Evitt | Edited by Tracy Stewart | April 17, 2026SaveAdd us onShareMore More Getty Images Steer clear of these common student loan mistakes, both before and after you graduate. Key Takeaways The headlines are dire: 42.7 million borrowers owed…
Press Release March 27, 2026 Today, the U.S. Department of Education (the Department) began issuing guidance to all borrowers enrolled in the unlawful ‘Saving on a Valuable Education’ (SAVE) Plan, directing them to exit the plan and enter a legal federal student loan repayment plan. The guidance will be sent to the 7.5 million borrowers…
By Ayelet Sheffey Millions of student-loan borrowers are falling into default — and the newest wave is older than before. About 3.6 million federal student-loan borrowers defaulted in the past two quarters, after a pandemic-era repayment pause ended and collections began again, according to new data from the New York Federal Reserve. Researchers said the average newly-defaulted…
September 5, 20255:11 AM ET Heard on Morning Edition Cory Turner New data reveals a growing problem; millions of federal student loan borrowers are at serious risk of default. A MARTÍNEZ, HOST: New data shows a growing problem with federal student loans. Millions of borrowers are at risk, at serious risk, of defaulting. NPR’s Cory Turner…
By Jessica Blake By shifting oversight of the portfolio, the Trump administration aims to improve loan collection as well as prevent borrowers from entering default in the first place. AEI senior fellow Preston Cooper (left) hosted a fireside chat with Education Under Secretary Nicholas Kent. Jessica Blake/Inside Higher Ed To Education Under Secretary Nicholas Kent, transferring…
