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Education Department to offer larger auto-pay interest rate discount for student loan borrowers starting July 1

The U.S. Department of Education announced a temporary increase in the auto-pay interest rate discount for federal student loan borrowers, e

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Education Department cuts student loan interest by 1 point for some borrowers as delinquencies rise

The Education Department announced a temporary 1 percentage point interest rate cut for some federal student loan borrowers who use automati

Millions of Student Loan Borrowers Must Choose New Repayment Plans as SAVE Program Is Dismantled

The Biden-era SAVE student loan repayment plan is being dismantled, affecting roughly 7 million borrowers. Starting July 1, borrowers must c

New student loan rules take effect July 1: Fewer repayment and forgiveness options for borrowers

Student loan borrowers face significant changes starting July 1 due to President Trump's One Big Beautiful Bill Act. Those who borrow federa