Mandatory Reserves: Most agreements have clauses that hold loan officers accountable for issues such as early payment defaults (EPDs), Early Payoffs (EPOs) and borrower fraud.

Borrowers will need to start paying back their student loans by the end of August as part of a provision included in the debt ceiling deal signed by President Biden Saturday. The legislation ends a ...

Almost 44 million people hold about $1.6 trillion in federal loans, according to data from the Education Department’s office of Federal Student Aid. How does the debt ceiling agreement affect ...