2025 has been tumultuous for borrowers navigating the changing federal student loan landscape. With the SAVE Plan ending and new repayment rules on the horizon, many are left scrambling for answers. Discover how these changes could impact your financial future.
The Trump administration's proposed settlement may soon force millions of student loan borrowers out of the Biden-era SAVE plan, leading to new repayment options and interest charges. Advocates are concerned about the impact on borrowers.
Congress has passed a sweeping bill that overhauls student loan repayment options, replacing existing plans with less favorable terms. Critics warn these changes could worsen financial insecurity for millions of borrowers.
Wall Street warns that the U.S. Department of Education's resumption of student loan collections could dramatically impact low-income Americans, potentially cutting billions from disposable income monthly. Experts predict a significant strain on consumer finances amid rising costs and economic pressures.
Millions of defaulted federal student loan borrowers are facing imminent collections actions including wage garnishment and tax refund seizure. Learn how to protect your earnings and options available for borrowers.
The Trump administration is set to resume collections on defaulted student loans for the first time in five years, impacting millions of borrowers. With wage garnishments and tax refund seizures on the horizon, many are left anxious and confused about their repayment options.
In a major banking move, the Federal Reserve has approved Capital One's merger with Discover. This comes alongside a $100 million fine for Discover's past interchange fee overcharges and a commitment to customer repayments.