Sens. Jeff Merkley and Tim Kaine led an effort to strengthen and expand the SAVE student-loan repayment plan while the GOP ...

New leaders at the Consumer Financial Protection Bureau say the agency will return to its original mandate of regulating ...

Federal student loan borrowers should start repaying their loans so as not to affect their credit scores. A pause on credit ...

Sens. Jeff Merkley and Tim Kaine introduced a bill to revive the SAVE student-loan repayment plan. The plan was introduced by Biden to give borrowers cheaper monthly payments and quicker debt relief.

The SAVE program came from the era of President Joe Biden’s efforts to greatly reduce or completely eliminate student loan debt for millions of borrowers who had been saddled with debt.

More than 600 positions have been eliminated from the U.S. Department of Education's Federal Student Aid office, internal ...

Income-Contingent Repayment (ICR)—determines payments as either 20 percent of discretionary income or a fixed amount over 12 ...

Student loan debt continues to be a major issue for many Americans as they grapple with inflation and the high cost of living. Michigan ranks 19th in the U.S. for student loan debt, with residents ...

Millions of federal student loan borrowers who default on their loans could face wage garnishment later this year, as the U.S ...