Student loans to go to Treasury Department
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The Trump administration is attempting to move supervision of federal student loan debt to the Treasury Department from the Education Department.
More than half a million federal student loan borrowers remain in a backlog of applications for an affordable repayment plan, a court filing revealed.
A court declined to approve Trump's move to end the SAVE student-loan repayment plan ahead of schedule. It ignited calls for prompt debt relief.
If you’ve been on the SAVE plan, you’ll soon have to pick a new repayment option or eventually have an option chosen for you.
Some types of student loan forgiveness will be taxed again after five years of being tax-free. The change will impact borrowers in income-driven repayment plans who have their debts canceled as a result of making a certain number of qualifying monthly payments.
Dave Ananth says student loan repayment obligations are often much tougher than they seem because they begin before graduates reach financial stability