New York City Mayor Eric Adams announced the student loan reduction and college savings assistance program on Thursday.

Millions of borrowers in forbearance through the SAVE plan will see interest start accruing on Friday. Here's what to know.

Accruing interest follows year of zero-interest forbearance and comes amid restructuring of the nation's student loan system.

The Student Loan Reimbursement Program, which the state legislature created in 2024 and launched on Jan. 1, reimburses thousands of dollars in student loans for Connecticut residents who volunteer in ...

Some 1 million borrowers will enter default this month—meaning they will become subject to federal collections.

Millions of borrowers began accruing interest again on their federal student loans this month. Here's what that could cost.

The Department of Education said in a statement that the "Department has temporarily paused discharges for IBR borrowers in ...

The SAVE plan has been in legal limbo for months since the program was struck down by a federal appeals court.

WASHINGTON – Roughly 8 million borrowers whose student loan payments have been on pause for a year will start to see interest accrue on their debt again in August, the U.S. Department of ...