The new plan has a troubling feature that could cause student loan payments to arbitrarily jump after borrowers experience a small pay raise.

STUDENT LOANS, LISTEN UP. THERE ARE A NUMBER OF CHANGES BEING MADE TO REPAYMENT PLANS. AND THERE ARE SOME NEW PLANS AS WELL. IT’S ALL PART OF THE RECENTLY PASSED GOVERNMENT SPENDING BILL. THE ONE BIG ...

The United States Department of Education announced on April 21 that its Office of Federal Student Aid will resume collections on defaulted federal student loans on May 5. The department has not ...

If you or your child are planning to borrow to help pay for college this fall, get ready for your student loan options to look a lot different. President Donald Trump ...

・Federal student loan repayment is now simplified under OBBBA into just three main options: Standard, IBR, and RAP. ・The right plan depends on your income, loan balance, and career goals, with RAP ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...