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The U.S. Department of Education administers federal student aid programs such as Pell Grants, direct loans and work-study programs. These initiatives help students afford to attend college and ...
On Friday, the Department of Education announced that it will begin discharging student loan debts for borrowers who’ve been in repayment for 20-25 years under a one-time payment adjustment ...
Student loan payments resumed on Oct. 1 after a three-year hiatus and are impacting many Americans' wallets. With the average monthly student loan payment at $503, according to the Education Data...
In the news. As of July 19, 2024, all student loan payments under the SAVE Plan has been put on hold due to an ongoing appeals process as Republican-led states challenge the plan’s legality.
As of March 2023, the average federal student loan debt in the United States was about $37,720, according to a BestColleges analysis of Education Department data.
If you have student loans and haven't made a payment in the last three years, don't panic. ... “The Department of Education will never call you on the phone. So, if you’re getting a phone call ...
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