Browsing: Borrowers
The U.S. Department of Education and the U.S. Department of the Treasury launched the Defaulted Loans Support Center on September…
Student loan borrowers in their 40s have median 401(k) balances roughly 45% lower than participants the same age with no…
Key Points Federal student loan defaults rose by about 400,000 last quarter to 9.3 million borrowers and another 1.5 million…
Key Points A coalition of 89 groups, including the AFL-CIO, AFT, and NAACP, asked four congressional committees to hold an…
New Bill Would Use IRS Data To Automatically Put Struggling Student Loan Borrowers Into Low Payments
Key Points The SIMPLE Act (H.R. 10220) would require the Department of Education to notify federal borrowers who are 31…
Key Points Nine Senate Democrats, led by Elizabeth Warren and Jeff Merkley, are demanding MOHELA explain false delinquency notices sent…
Student loan borrowers are reporting a wave of notifications inside their StudentAid.gov accounts warning that their Public Service Loan Forgiveness…
Key PointsBorrowers who reach 120 qualifying payments under PSLF may see a green banner on StudentAid.gov confirming they’ve met program…
Key PointsStudent loan balances fell $7 billion in Q2 2026 to $1.65 trillion, one of only two debt categories to…
Key PointsThe four borrowers behind the last lawsuit challenging the SAVE plan shutdown filed their response on August 7, 2026.…