Student loans to go to Treasury Department
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Millions of borrowers with federal student loans remain in limbo this week after a court again rejected attempts to immediately terminate a popular repayment program.
Something just changed for student loan borrowers.
Since 2005, student loan debt has increased by more than tenfold, growing from roughly $160 billion to over $1.7 trillion currently. During his term, President Biden forgave approximately $188 billion in student debt. There were plans for more loans to be ...
Certain types of student loan forgiveness is taxable again after a law expired in 2025 that shielded borrowers. The taxation change applies to the U.S. Department of Education's income-driven repayment plans, or IDRs. Starting in 2026, the canceled loans ...
NEW YORK (AP) — It’s been a confusing time for people with student loans. Collections restarted, then were put on hold. At the same time, borrowers had to stay on top of changes to key forgiveness plans. Last year, the long-contested SAVE plan ...
Most states have incentive programs to attract college graduates by repaying their student loans. These programs often target graduates in high-need professions such as health care or teaching, and some won't cover private student loans. Several states ...