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News
Student loan repayment overhaul: Everything to know about new rules
13+ hour, 55+ min ago (306+ words) Published July 25, 2026 A major overhaul of the federal student loan repayment took effect on July 1, bringing sweeping changes for millions of borrowers as default rates continue to surge. The previously enrolled student must now find a replacement repayment option within…...
US Education Department Accelerates SAVE Student Loan Transition
17+ hour, 41+ min ago (511+ words) Federal guidelines currently outline two main remaining repayment structures: income-based and income-contingent repayment plans. However, the income-contingent option, which grants forgiveness after 20 to 25 years of qualifying payments, is also scheduled to phase out in 2028. Financial advisors report that borrowers struggle…...
What are the updates for Student Loans Forgiveness 2026? Everything to know from July and next month
10+ hour, 43+ min ago (574+ words) New federal rules, repayment changes and ongoing forgiveness programs are reshaping the student loan landscape as borrowers prepare for August 2026 Student loan borrowers have faced another eventful month as the federal government continues implementing major changes to higher education financing....
Court Clears $23B Student Debt for 170,000 Borrowers
1+ day, 1+ hour ago (413+ words) For years, thousands of people who said they were tricked by their colleges have been stuck in limbo. They applied to have their federal student loans wiped out under a program called borrower defense to repayment. The Education Department was…...
The FAFSA is Coming! 2027–28 FAFSA Beta Testing Begins in August
1+ day, 10+ hour ago (339+ words) Mark your calendars — the countdown to a faster, easier Free Application for Federal Student Aid (FAFSA®) is officially on. The US Department of Education (ED) has announced its beta testing plan for the 2027–28 FAFSA, which is great news for students,…...
Student Loans Will Be Kicked Off Key Repayment Plan Sooner Than Thought As New Notices Go Out
1+ day, 11+ hour ago (459+ words) But just as loan servicers sent out a second batch of 90-day notices to student loan borrowers last week, they also quietly updated their websites, which now show a much shorter timeframe for pushing borrowers out of the SAVE plan…...
The SAVE Plan Has Ended — Now What? Student Loan Lawyer Reveals What Action You Need to Take Today (Exclusive) - AOL
1+ day, 15+ hour ago (765+ words) Lawyer Jay Fleischman shares advice on TikTok with over 247,000 followers to help student loan borrowers navigate repayment plans and deadlines With the Department of Education’s SAVE Plan ending, he explains there’s been some confusion about what borrowers should do next…...
Leading Dem on US House education panel, advocates blast student loan changes
2+ day, 9+ hour ago (718+ words) WASHINGTON — Education experts and advocates warned Wednesday that the recent federal student loan system overhaul stemming from the GOP’s mega tax and spending cut law will drive borrowers to private lenders and could derail their higher education plans. U.S....
Can't Afford Your New Student Loan Bill? Here's What to Do
2+ day, 9+ hour ago (940+ words) Some federal student loan borrowers could soon see their monthly payments jump by hundreds of dollars after years of paying little — or nothing at all. Millions of borrowers are now starting a 90-day countdown to choose a new repayment plan…...
CT congressman pushes to eliminate student loan interest
2+ day, 5+ hour ago (99+ words) Connecticut Congressman Joe Courtney is calling for an end to interest on federal student loans. Courtney is co-sponsoring a bill that would remove interest on existing federal student loans for more than 40 million people by refinancing them and capping interest…...