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federal student loans

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An American flag and a U.S. Department of Education flag fly, in Washington

Education Oct 07

Student loan borrowers have more time to reduce interest rates. Here's what to know

By Adriana Morga, Associated Press

Nation Jun 23

studentloans
Watch 6:52
How the federal student loan changes could impact borrowers

Federal student loans will undergo significant changes starting July 1. These changes will not only restructure the loan system, but also the repayment options for millions of borrowers. Some might see higher monthly payments, others will have to deal with…

By Stephanie Sy, Karina Cuevas

Politics Mar 19

Banners marking the 250th anniversary of the United States of America at the Department of Education
Treasury Department begins taking over federal student loans from Education Department

The U.S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration officials dismantle the federal education agency.

By Collin Binkley, Associated Press

Education Mar 12

U.S. President Biden speaks about the student loan forgiveness program
Biden's SAVE plan for student loans is officially dead. Here's what experts suggest now

If you’ve been on the SAVE plan, you’ll soon have to pick a new repayment option or eventually have an option chosen for you.

By Hannah Grabenstein

Nation Feb 26

MIT holds its Commencement in Cambridge
If you have federal student loan debt, here's what experts want you to know

Eventually, the changes will streamline the system and reduce the number of repayment options, but right now, trying to understand what’s happening is a little like staring into a bowl of alphabet soup (except that soup is made of money).

By Hannah Grabenstein

Feb 04

Major changes to student loan borrowing and repayment are coming. Here's what to know

By Hannah Grabenstein

“If you don’t understand it, that’s not your fault. It’s just phenomenally complicated,” says Winston Berkman-Breen, legal director at Protect Borrowers.

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Full Episode
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