Federal student loan changes take effect Jul. 1
Digest more
The Education Department updated key online guidance for federal student loan borrowers in advance of historic changes that are set to take effect on July 1.
Higher student loan rates can increase the long-term cost of college for students and families. New borrowing limits may also change how households plan for tuition.
The Daily Caller on MSN
Medical groups sue Education Department over new student loan cap
Multiple medical groups are suing the U.S. Department of Education over its new student loan cap despite such loans’ apparent role in raising tuition to nearly six-figures. The PA Education Association (PAEA) and the American Academy of Physician Assistants (AAPA) filed a lawsuit against the U.
Follow this section to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Personalized Content Follow this tag to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in ...
The Education Department sent out a new wave of notices to student loan borrowers last week, warning them that they need to change repayment plans.
The transfer of defaulted student-loan from the Education Department to the Treasury brings back agencies once criticized for predatory behavior.
Reports that the Trump administration planned to reject hundreds of thousands of student loan borrowers’ applications for income-driven repayment began in July. And now the administration has announced it will deny 460,000 student loan borrowers access ...
A coalition of lawmakers is asking the Department of Education to clear a backlog of applications for student loan forgiveness and pause collections on defaulted loans to help the historically high number of struggling borrowers.
The College Investor on MSN
62 lawmakers demand Education Department act on student loan default crisis
Sixty-two members of Congress are demanding the Department of Education act before millions more borrowers fall into default and they want answers by June 22. A June 7 letter (PDF File) led by Senators Elizabeth Warren (D-Mass.
More expensive student-loan payments are coming. Beginning July 1, the Department of Education will notify student-loan borrowers enrolled in the SAVE plan of their deadline to transfer to a new repayment plan. It follows President Donald Trump's ...
'There's no one there to hold them accountable': The Education Department stopped monitoring calls between servicers and borrowers and reviewing borrower data for accuracy, watchdog finds The Education Department, under Secretary Linda McMahon, has ...