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News Articles: student loans

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
Linda McMahon, during a cabinet meeting at the White House in Washington, D.C.. The U.S. Department of Education says it will begin resuming collections of defaulted student loans on May 5.

Tagged as: 

  • Education

Trump administration to resume collections on student loan borrowers in default

The Education Department says millions of borrowers in default will have a chance to make a payment or sign up for a repayment plan. But on May 5, those who don't will be referred for collection.

April 22, 2025
|
By:
  • Jonaki Mehta and
  • Steve Drummond
President Trump continued his push to unwind the U.S. Department of Education last week announcing that the management of the entire federal student loan portfolio would be moved to the Small Business administration.

Tagged as: 

  • Education

6 things borrowers should know about federal student loans right now

NPR has spent the past few weeks catching up with student loan experts and asking the Trump administration for clarity on some of borrowers' biggest questions.

March 31, 2025
|
By:
  • Cory Turner
The federal student loan portfolio – which manages about $1.6 trillion in loans for roughly 43 million borrowers – is currently overseen by the Education Department's office of Federal Student Aid (FSA).

Tagged as: 

  • Education

Trump says Education Department will no longer oversee student loans, 'special needs'

The president said federal student loans would move to the Small Business Administration, and hinted that the Department of Health and Human Services would take over special education oversight.

March 21, 2025
|
By:
  • Cory Turner
President Joe Biden pictured with his Department of Education secretary, Miguel Cardona, in October 2022.

Tagged as: 

  • Education

Biden's education grades: F on FAFSA, an incomplete on student loan forgiveness

We asked more than a dozen educators, researchers, advocates and experts how they would grade Biden's education legacy. He got two F's, no A's and lots of votes in the middle.

January 17, 2025
|
By:
  • Cory Turner
MIT is among the handful of higher education institutions that announced free tuition initiatives.

Tagged as: 

  • Education

University of Texas, MIT and others announce free tuition for some undergraduates

Nearly half a dozen institutions of higher education announced plans this week to make tuition free for undergraduates whose families make below a certain income threshold, starting in fall 2025.

November 22, 2024
|
By:
  • Rachel Treisman
With Trump's win, federal student loan borrowers will need to get used to a new normal and new priorities.

Tagged as: 

  • Education

What a Trump presidency might mean for student loan forgiveness

Several of President Biden's efforts at loan relief are in jeopardy, including a repayment plan with millions of borrowers waiting in limbo.

November 14, 2024
|
By:
  • Cory Turner
President Biden speaks at an event about canceling student debt, at the Madison Area Technical College Truax campus, April 8, 2024, in Madison, Wis.

Tagged as: 

  • Education

Judges temporarily halt part of President Biden's student debt forgiveness plan

The rulings from Kansas and Missouri federal judges put on hold the federal government helping many of the intended borrowers ease their loan repayment burdens starting July 1.

June 25, 2024
|
By:
  • The Associated Press
The morning sun hits the dome of the Capitol on a day where House Republicans will hold a closed conference meeting to vote by secret ballot to nominate a House speaker, at the Capitol in Washington, U.S., October 11, 2023. REUTERS/Kevin Lamarque

Tagged as: 

  • Politics

Republicans Dugan, Jack square off in 3rd Congressional District debate

The two Republicans who made the June 18 primary runoff in Georgia’s 3rd Congressional District agreed on more issues than they disagreed on during a debate Sunday sponsored by the Atlanta Press Club.

June 10, 2024
|
By:
  • Dave Williams
Sen. Raphael Warnock during a visit to the DeKalb-Peachtree Airport, where he discussed the aviation workforce in an April 13, 2023, photo.

Tagged as: 

  • Politics

Taxpayer dollars at work: Warnock on student loan errors, Ossoff on honoring Vietnam veterans

For the week ending May 17, 2024, Sens. Warnock and Ossoff worked in urging the Department of Education to call out a student loan servicer for their failures, proving relocation support for military families, honoring Vietnam War veterans with medals, and investing in Georgia's airports to upgrade their infrastructure.

May 17, 2024
|
By:
  • Ambria Burton
Student loan borrowers and advocates gather for the People's Rally To Cancel Student Debt During The Supreme Court Hearings On Student Debt Relief on February 28, 2023 in Washington, DC.

Tagged as: 

  • Education

Biden forgives more than $6 billion in loans for 317,000 Art Institutes students

President Biden announced the relief for attendees of the now-shuttered art schools, saying they "falsified data, knowingly misled students, and cheated borrowers into taking on mountains of debt."

May 01, 2024
|
By:
  • C Mandler
Activists and students protest in front of the Supreme Court during a rally for student debt cancellation in Washington, D.C., in February 2023.

Tagged as: 

  • Education

Biden cancels nearly $6 billion in student debt for public service workers

Because of past administrative failures, the some 78,000 affected public service workers such as nurses and teachers never got the relief they were entitled to under the law, Biden said.

March 21, 2024
|
By:
  • C Mandler and
  • Deepa Shivaram
Secretary of Education Miguel Cardona answers questions during the daily briefing at the White House Aug. 5, 2021, in Washington, D.C.

Tagged as: 

  • Education

Student loan balances wiped for the first batch of borrowers in Biden's SAVE plan

"It's moral hazard if you're only doing debt relief, but I believe we're balancing it out with accountability on colleges," says Education Secretary Miguel Cardona.

February 21, 2024
|
By:
  • Ana Perez and
  • Steve Inskeep

Tagged as: 

  • News

Georgia Match direct college admissions program seeing positive results

The University System of Georgia’s new direct admissions program is off to a strong start, despite not getting off the ground until well after classes began last fall, system Chancellor Sonny Perdue said Wednesday.

January 19, 2024
|
By:
  • Dave Williams
  • Load More

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