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student loan debt

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The Trump administration's moves to pause and redesign student loan repayment plans have left millions of borrowers in lim...

Education May 20

Democratic-led states challenge the Trump administration's new caps on federal student loans

By Annie Ma, Associated Press

Nation Apr 27

Illustration by enisaksoy/Getty Images
As student loan defaults rise, experts worry about what's next

If the U.S. isn’t already in the midst of a student loan delinquency and default crisis, we may be rapidly approaching one, experts told PBS News.

By Hannah Grabenstein

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

Nation Feb 04

college-debt_opt-3-e1557430693849
Major changes to student loan borrowing and repayment are coming. Here's what to know

“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.

By Hannah Grabenstein

Jan 16

Wages won't be garnished for student loan borrowers in default, Trump administration says in policy reversal

By Hannah Grabenstein

It’s not clear whether the department collected any wages since Jan. 7, the day the administration originally said it would begin garnishing…

Continue reading

Dec 23

Trump administration says it will begin garnishing wages of student loan borrowers in default

By Annie Ma, Associated Press

Millions of borrowers are considered in default, meaning they are 270 days past due on their payments.

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May 15

Older Americans at risk as government restarts Social Security garnishment on student loan debt

By Matt Sedensky, Associated Press

As the Trump administration resumes collections on defaulted student loans, hundreds of thousands of older Americans with decades-old debts are now at risk of having their Social Security checks garnished.

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Nov 08

Borrowers grapple with what Trump's win means for their student loan debt

By Cheyanne Mumphrey, Associated Press

The economy was an important issue in the election, helping to propel Donald Trump to victory. But for borrowers, concerns about their finances extend beyond inflation to include their student debt.

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May 22

Biden administration canceling student loans for 160,000 borrowers, says it will erase $7.7 billion in debt

By Collin Binkley, Associated Press

With the latest action, the administration said it has canceled $167 billion for nearly 5 million Americans through several forgiveness programs.

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