Trump administration could block student loan relief for some workers in public service

Trump administration could block student loan relief for some workers in public service

The Trump administration is proposing a new rule that would bar people with outstanding college loans from relief on that debt if their employers were found to be “undermining national security and American values through illegal means.” The proposed rule, announced Monday by the Department of Education, would restrict people from participating in the federal Public Student…

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Student loan forgiveness in the IBR plan is paused, Education Department says. Here's what to know.

Student loan forgiveness in the IBR plan is paused, Education Department says. Here’s what to know.

Millions of people with student loans who are enrolled in a popular repayment plan are now in limbo, with the Department of Education saying it has temporarily paused forgiveness for borrowers in its income-based repayment plan, or IBR. Such plans offer a double benefit for borrowers by lowering a person’s monthly loan repayment to reflect…

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Are you a student loan borrower? Here's how the "big, beautiful bill" could affect you.

Are you a student loan borrower? Here’s how the “big, beautiful bill” could affect you.

After already experiencing whiplash in federal student loan policies since the pandemic, borrowers must again brace for change. The “big, beautiful bill” that President Trump signed into law on July 4 overhauls the federal student loan system by reducing the number of repayment plan options down to two and capping the amount individuals can borrow…

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Dismantling Department of Education could cause chaos for Americans with student loans, experts warn

Dismantling Department of Education could cause chaos for Americans with student loans, experts warn

President Trump’s executive order on Thursday starting the process of dismantling the Department of Education could throw federal student loan programs into disarray and lead to frustration for millions of borrowers, according to experts.  The Education Department’s remit is broad. The agency manages student loans for more than 40 million Americans; oversees $18 billion in…

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