Student Loan Debt Facts

Student Loans to Go to Treasury Department

Student loans are headed to the Treasury Department. Here’s what to know if you have student debt

The Treasury Department will take over the management of student loans whose borrowers are in default, according to a new agreement announced Thursday.

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Trump to gradually move student debt oversight for millions outside Education Department

· 23h · on MSN

Education Dept to transfer management of defaulted student loans to Treasury

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More Education Department changes: Treasury to assume student loan duties

In a year defined by historic disruptions in the Department of Education (DOE), the federal agency is furthering its dismantling by shifting a portion of its student loan portfolio to the Treasury Dep...

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Millions of student-loan borrowers' accounts are being transferred to the Treasury

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Treasury Department to take over some federal student loans, as Trump administration works to dismantle Education Department

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Get the facts: More student loans are falling into delinquency. Here’s why

American households now owe a whopping $18.59 trillion, with total household debt rising by $197 billion over the past three months, according to the latest data from the Federal Reserve Bank of New York. Debt wasn't the only thing that increased from July ...

AOL

How student loan debt stymies retirement saving

Student loan borrowers know better than most: Debt is a dream killer. For many of these borrowers, it’s a juggle between paying down their education debt and saving for future milestones, including the big one — retirement. According to Fidelity ...

The American Prospect

Court Demands Student Loan Borrowers Pay More

The Eighth Circuit ordered that President Biden’s generous repayment plan be thrown out. But the Trump administration doesn’t want to be forced into it.

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Student Loans Thrown Into Disarray As Appeals Court Nukes SAVE Plan

The ruling ends any hope of the SAVE plan returning. But major questions remain about loan forgiveness and when borrowers must move their student loans to other plans.