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News Articles: loan repayment

WASHINGTON, DC - MARCH 12: The headquarters of the Department of Education are shown March 12, 2025 in Washington, DC. The Department of Education announced yesterday that it will reduce its staff by nearly 50 percent, leaving the department with 2,183 workers, a reduction from 4,133 when U.S. President Donald Trump took office for his second term. (Photo by Win McNamee/Getty Images)

Tagged as: 

  • Education

The future of student loan repayment, explained

A Republican overhaul would reduce borrowers' repayments options from several plans to just two.

May 12, 2025
|
By:
  • Cory Turner
Concept of financial literacy and education. Human hand and graduation cap with dollar sign. Collage.

Tagged as: 

  • Education

Republicans plan to overhaul the federal student loan system. Here's what to know

The Republican proposal would eliminate Grad PLUS loans, set strict limits on Parent PLUS loans and create a system in which colleges would be on the hook if their students don't repay their loans.

April 30, 2025
|
By:
  • Cory Turner
President Joe Biden answers questions with Education Secretary Miguel Cardona in October as they leave an event about the student debt relief portal.

Tagged as: 

  • Education

Legal losses keep coming for Biden's student loan relief plan

The 5th Circuit Court rejected a Education Department appeal on Wednesday, the latest setback in several parallel lawsuits. The administration is expected to ask the Supreme Court to weigh in.

December 01, 2022
|
By:
  • Elissa Nadworny
President Joe Biden speaking about student loan debt relief at Delaware State University, Oct. 21, 2022, in Dover, Del. The Biden administration said it is extending the student loan repayment pause again.

Tagged as: 

  • Education

With student loan relief tied up in court, Biden extends repayment pause into 2023

The president has extended the student loan repayment pause into 2023. Biden said he wants to give lawsuits against debt cancellation time to play out, and the Supreme Court time to weigh in.

November 22, 2022
|
By:
  • Dustin Jones

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