Browsing: July
New Repayment Plans, Borrowing Caps, and Higher Rates The biggest overhaul of federal student loans in a generation takes effect…
Four borrowers want a judge to stop the July transition of millions of loans out of SAVE. History suggests the timeline won’t budge.…
A coalition of states is pressing a federal judge (PDF File) to halt the Department of Education’s new Public Service…
State-chartered nonprofit student loan authorities are rolling out graduate school loans to catch borrowers who lose access to federal Grad…
Student loan servicers have started placing automated phone calls to SAVE borrowers, warning them that their loans will reenter repayment…
Key PointsStarting July 1, 2026, the federal Grad PLUS program closes to new borrowers, and graduate borrowing is capped at…
Key PointsUnder Secretary of Education Nicholas Kent explains how the Working Families Tax Cuts Act simplifies the federal student aid…
Key PointsRoughly 7 million SAVE Plan borrowers will start receiving 90-day notices from their loan servicers starting July 1, 2026,…
The U.S. Department of Education has started emailing borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan a…
A coalition of 23 states sued the U.S. Department of Education on Tuesday (PDF File), arguing that the upcoming graduate…