For students starting a new program on/after July 1, 2026, loans will be capped at $20,000 annually, and parents can borrow no more than $65,000 total, a big change from the unlimited borrowing setup.

Trump's Department of Education is beginning negotiations for its plan to change student-loan repayment and place new caps on borrowing.

The Department of Education announced its suspended student loan forgiveness under the Income Based Repayment plan to update agency systems. IBR offers affordable options for borrowers to pay back ...

If you’re one of the 5 million federal student loan borrowers out there, you might want to pay attention to this latest change. The Department of Education announced Monday that it would resume ...

President Donald Trump signed an executive order March 20 to “begin eliminating the federal Department of Education once and for all.” But the department can’t actually be shut down without an act of ...

WASHINGTON, D.C. (CNN) — Andrea Murzello has a doctorate in pharmacy and a stable job at a nonprofit. But she says she can’t afford to grow her family — not under the Trump administration’s latest ...

Student loan borrowers who have defaulted on payments could have up to 15% of their pay docked by the federal government starting soon.

Consumer advocates criticized the department’s new focus on financial literacy, saying more pressing issues exist. In a CNBC interview, Carolina Rodriguez, director of the Education Debt Consumer ...

Defaulted student loan borrowers will need to come up with a plan in the next few weeks as the Trump administration plans to restart involuntary collections for those who have missed payments. After ...

NEW YORK (AP) — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans.

More than a quarter of the nation’s 40 million federal student loan borrowers had their repayment progress paused in the third quarter of 2025, either through forbearance or deferment. Higher ...