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A new federal student-loan plan called RAP starts July 1, setting payments by income and family size
Federal student-loan borrowers who take out new loans on or after July 1, 2026, will face a different repayment system. The Repayment Assistance Plan, known...
Twelve million Americans — one in four federal borrowers — are now behind or in default on student loans
Roughly 12 million federal student-loan borrowers are now behind on payments or in outright default, a figure that represents nearly one in four people carrying...
A new student-loan plan launching July 1 waives the unpaid interest that builds when your payment falls short
Federal student-loan borrowers who watch their balances grow each month, even while making on-time payments, are about to get a new option. The Repayment Assistance...
The Education Department is again pausing wage garnishment for borrowers in default on their federal student loans
For the roughly 5 million Americans whose federal student loans are in default, the money that was about to disappear from their paychecks and tax...
Government and nonprofit workers can have their federal student loans erased after 120 payments
Millions of teachers, firefighters, social workers, and federal employees carry student loan debt while earning less than their private-sector counterparts. For those borrowers, the Public...
Graduate student loans will cost 8.07% for anyone borrowing after July 1, the highest rate in three years
Graduate students who borrow federal Direct Loans after July 1, 2026, will pay a fixed interest rate of 8.07 percent, the steepest borrowing cost for...
Companies charging hundreds to “lower” your student loans are selling what the government does free — real help lives at studentaid.gov
A borrower gets a call, a text, or a social-media ad promising lower monthly payments on their federal student loans. The pitch sounds official. The...
Student loan wage garnishment restarts this fall — 5 million defaulters face an automatic 15% paycheck cut, and no court order is required
Sometime this fall, millions of Americans could open a pay stub and find a chunk of their income missing. The federal government is preparing to...
The Education Department quietly paused student loan wage garnishment through July — 5.3 million defaulted borrowers won’t have paychecks touched yet, despite January’s warnings
A federal employee earning $45,000 a year and in default on student loans could lose roughly $260 per paycheck to Administrative Wage Garnishment, the government’s...
Federal student loan rates jump to 6.52% on July 1 — a $20,000 undergrad loan now costs $233 a month for ten years, up from $210 last year
A college freshman borrowing the maximum federal loan this fall will pay more for that money than any undergraduate has since at least 2013. New...
The new student loan repayment plan launches July 1 — it caps payments at 10% of income, takes 30 years to forgive, and replaces every IDR plan
Starting July 1, 2026, the federal government will begin replacing every income-driven student loan repayment plan with a single new option. It is called the...
Parent PLUS loan rates climb to 9.07% on July 1 — borrowing $40,000 for college now costs $507 a month for 10 years
A parent who borrows $40,000 through the federal PLUS program for the 2026-27 school year will owe roughly $507 every month for the next decade,...
Federal student loan rates jump to 6.52% on July 1 — the highest rate for undergrads in three years, with no relief from the Treasury market in sight
The interest rate on new federal student loans for undergraduates will hold near its highest level in over a decade when the 2026-2027 academic year...
The new student loan repayment plan launches July 1 — caps payments at 10% of income, takes 30 years to forgive, and replaces every IDR plan
If you’re one of the roughly 11 million federal student loan borrowers enrolled in an income-driven repayment plan, your plan is about to disappear. SAVE,...
Parent PLUS loan rates climb to 9.07% on July 1 — borrowing $40,000 for college now costs $507 a month for 10 years
A parent who borrows $40,000 through a federal Direct PLUS loan for the 2026-2027 school year will pay roughly $508 every month for a decade...
Federal student loan rates jump to 6.52% on July 1 — and the 30-year Treasury at 5% guarantees next year’s class will pay even more
A college freshman signing loan paperwork this fall will pay 6.52% interest on every dollar borrowed from the federal government, a rate that sticks for...
The Education Department predicts 4 million more borrowers will default this year — pushing the total to 1 in 4 Americans with federal student debt
Sometime in the next few months, a federal employee earning $45,000 a year could open a paycheck and find that 15 percent of her disposable...
5 million student loan borrowers are in default — and the Treasury can now garnish their wages, tax refunds, and even Social Security checks to collect
The federal government can take money from your paycheck without a court order. It can intercept your tax refund before it ever reaches your bank...
The new student loan repayment plan launches July 1 — it caps payments at 10% of income, takes 30 years to forgive, and replaces every IDR plan
On July 1, 2026, a borrower earning $50,000 a year with $35,000 in federal student loans will log into their servicer’s website and find that...
Parent PLUS loan rates climb to 9.07% on July 1 — the cost of borrowing $40,000 to send your kid to college is now $463 a month for 10 years
The federal government is about to charge parents 9.07 percent interest to help send their children to college. That is the fixed rate expected to...