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Overall, the change will see borrowers being charged more than $27 billion in interest over the next 12 months.
Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
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Benzinga on MSNTrump Administration Ends Interest Freeze, Linda McMohan Says Biden Used Student Loan Forgiveness To 'Win Votes'The Education Department will restart interest charges on federal student loans held by 7.7 million borrowers in President Joe Biden's stalled Saving on a Valuable Education, or SAVE, repayment plan, ...
Federal student loans aren’t considered in default until they are 270 days late. However, loans are considered delinquent on the first day following a missed due date. After 90 days of delinquency, ...
President Trump signed into law the One Big Beautiful Bill Act (H.R. 1) Public Law No: 119-21 (The OBBB Act). Several provisions will impact community colleges, including: Pell Grants were extended to ...
The Trump administration is withholding more than $6 billion in K-12 education funding, impacting Arizona schools ...
GW will implement a hiring freeze for positions supported by operational funds until at least Oct. 1, limit non-essential ...
Rocio Hernandez, Collin Binkley and Bianca Vázquez Toness The Trump administration is withholding about $56 million in federal grants from Nevada for after-school and summer programs, English language ...
Federal student loan borrowers who enrolled in President Biden’s SAVE income-driven repayment plan have been in an ...
The newest update shows that the Department of Education is struggling to process applications for repayment and student loan ...
The number of borrowers delinquent on their student debt and at risk for entering default continues to climb, new reports show.
It's a confusing time for student loan borrowers. Here's how you can cut through the noise.
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