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With protections lifted, borrowers behind on their payments may soon see up to 15 percent of their wages withheld.
The Department of Education has claimed immunity from a lawsuit taken by students trying to stop massive federal cuts. The ...
If a new bill passes Congress, it will adjust interest rates on existing federal student loans down to 2 percent.
The Department of Education oversees federal student loans held by nearly 43 million people, or one in six American adults.
Ashley Morgan, a 35-year-old trial attorney who has been enrolled in an income-driven repayment plan for the past eight years ...
As part of the federal government's plan to gut the Department of Education, the agency cut half of its workforce, which could impact how it administers its student loan programs.
President Trump's executive order on Thursday starting the process of dismantling the Department of Education could throw federal student loan programs into disarray and lead to frustration for ...
President Donald Trump's second term has reignited uncertainty around federal student loan policies -- and for millions of borrowers, that includes how loans could affect their taxes. Find Out: ...
The U.S. Education Department on Wednesday reopened online applications for income-driven repayment plans for student loan borrowers.
Sen. Warren urges Education Secretary Linda McMahon to reinstate Department of Education employees who were critical to the nation’s federal student aid process.
We've set out to answer other questions you might have about the Education Department, and what its downsizing might mean for your student loans, your child's IEP and campus programs. While Trump has ...
Prior to the department's creation, federal student loans were administered through the Guaranteed Student Loan Program, established in 1965 under the Higher Education Act. This program involved ...