Treasury to take over student loan management
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Many borrowers have already met the requirements for loan forgiveness under income‑driven repayment (IDR) plans.
Some types of student loan forgiveness will be taxed again after five years of being tax-free. The change will impact borrowers in income-driven repayment plans who have their debts canceled as a result of making a certain number of qualifying monthly payments.
Millions of people with federal student loans may soon need to adjust their repayment strategy.
President Trump signed an executive order for changes to the PSLF program in March 2025. They impact who qualifies for forgiveness and go into effect July 1, 2026.
A federal judge approved an agreement this week to phase out the Saving on a Valuable Education, or SAVE, Plan. The move could affect millions of borrowers.
Federal appeals court officially ends Biden's SAVE student loan plan, reportedly impacting 7 million borrowers who must now seek alternative repayment options.
A federal appeals court has struck down the Biden‑era SAVE student loan repayment plan after years of legal challenges. The program, which offered the most generous repayment terms and potential loan forgiveness after as little as 10 years,
Is the student loan forgiveness application open? Key dates, details qualified borrowers should know
WASHINGTON -- Within days, millions of Americans are expected to be able to take their first steps to cancel up to $20,000 in debt under President Joe Biden's federal student loan forgiveness program -- a multibillion-dollar initiative cheered on by ...
Trump's cap on student-loan borrowing for advanced degrees has prompted colleges to create new lending programs to fill financing gaps.
CHICAGO -- Over the next few weeks, students across the country will be graduating college with a diploma and student loan debt. Consumer Reports say there may be relief ahead if you qualify for a student loan forgiveness program. For Jessie Suren ...