The Senate narrowly passed it massive spending bill on July 1. Here’s what it could mean for student loan borrowers if the ...

Most of the changes to student borrowing, such as lower limits on graduate loans, wouldn’t affect borrowers who are out of school and in repayment.

THE FINE PRINT The Trump-backed budget bill would hit student loans hard. Here’s what borrowers should know. By Sean P. Murphy Globe Staff,Updated June 11, 2025, 12:25 p.m.

Republicans want to curb federal student loans — and private lenders are ready to step in The House version of the tax and spending bill would put new limits on federal student-loan borrowing.

The U.S. House of Representatives advanced its budget bill to the Senate last month. The bill could be reworked before it becomes law, but if adopted, it would cap the amount of loans college ...

Public Service Loan Forgiveness (PSLF) The Public Student Loan Forgiveness program is open to borrowers with direct federal loans who work full-time for a qualifying employer, typically government ...

President Trump's executive order to dismantle the Department of Education included moving the $1.6 trillion federal student loan portfolio "to an entity equipped to serve America's students." The ...

Key takeaways Federal Direct Loans are originated by the federal government and don’t come with credit criteria. Federal student loan rates for 2025-2026 range from 6.39% to 8.94%.

Privatizing student loans would likely require reviving the Federal Family Education Loan (FFEL) program (or instituting something similar to it). That program was discontinued in 2010 and ...

For the first time in five years, starting this week, the federal government is resuming collections on federal student loans that are in default, an accelerated process that allows financial ...

The U.S. Department of Education is restarting its collection of student loans in default, and federal officials said people who don't begin repayment could face having their wages garnished.

SPOKANE, Wash. — Starting Monday, federal student loans that are in default will be referred to collections after a five-year pause that began in March 2020 in response to the COVID-19 pandemic ...