President Donald Trump signed an executive order on Thursday aimed at dismantling the U.S. Department of Education. President Trump also announced on Friday that federal student loan servicing will be transferred to the Small Business Administration.
The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration's total student loan forgiveness to $183.6 billion for more than 5 million borrowers.
The Biden administration withdrew two major student loan forgiveness plans on Friday, just weeks before President-elect Donald Trump is set to enter the Oval Office. Here's a look at what it means for borrowers and student loan service providers.
Millions of Americans may see credit rating drops as Biden's moratorium on reporting late student loan payments ends, affecting loan approvals and rentals.
U.S. District Judge J. Randal Hall on Thursday temporarily blocked the Biden administration's latest student debt relief plan in a lawsuit brought by seven Republican-led states.
A federal appeals court has blocked President Joe Biden's administration from implementing its Saving on a Valuable Education (SAVE) student debt relief plan. Here's a look at what you need to know:
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