#student-debt-relief

#student-debt-relief

The Department of Education's failure to properly process discharge applications from vulnerable and sick borrowers is reprehensible. We are simply asking the Department to review their applications on the merits, as is their right.

Many people successfully purchase homes while still carrying student debt. What matters most isn't whether you have debt, it's how well you manage it.

I paid off my student loans like three months into The Pitt, and that was a really profound moment 'cause I thought I was gonna die with it. It's a huge burden to carry, and a lot of people carry it.

The One Big Beautiful Bill Act includes the largest overhaul to the federal student aid system in decades, limiting loan repayment and debt forgiveness options for borrowers.

With roughly nine million student borrowers in default, the Treasury Department will "assume operational responsibility for collecting" on those loans, the Education Department announced Thursday. The move is ED's latest effort to render itself obsolete as part of the Trump administration's plan to eliminate the department. This is the 10th interagency agreement it has signed to share with or spin off functions to other federal agencies.

As the Federal student aid portfolio soars to nearly $1.7 trillion and with nearly a quarter of student loan borrowers in default, Americans know that the Department of Education has failed to effectively manage and deliver these critical programs. By leveraging Treasury's world-renowned expertise in finance and economic policy, we are confident that American students, borrowers, and taxpayers will finally have functioning programs after decades of mismanagement.

David Robinson, who completed a one-year postgraduate diploma in adult nursing, was informed that his course was ineligible for maintenance loans, requiring repayment at an accelerated rate.

Under the SAVE plan, a borrower's monthly payment would be calculated based on income and family size and could be set as low as $0 per month for the lowest-earning borrowers.

Delinquency rates across mortgages, credit cards, auto loans and student debt have climbed to their highest levels in nearly a decade, reaching 4.8% of outstanding household debt in the fourth quarter. While headline numbers remain within long-term historical ranges, a closer look reveals where stress is building: lower-income ZIP codes, younger borrowers, and markets experiencing slowing or declining home values.