The Latest Breaking News from Mark Kantrowitz

Doubts that whatever remains of department can govern student debt as one in four US adults under 40 has loans

The PSLF program, established in 2007 under President George W. Bush, allows employees working for government or non-profit organizations to have their federal student loans forgiven after making 10 years of qualifying payments.

Thanks to recent policy changes, families have more options for what to do with money sitting in tax-advantaged 529 accounts.

What to know about PLUS loans: Parents can borrow up to the cost of a child’s education, but interest rates are steep.

High interest rates mean college students will pay more to borrow. Savers will continue to benefit but need to remain vigilant.

The three-year pause is over for an estimated 43 million borrowers, including 1.5 million in Illinois. Here are some answers to questions borrowers wanted to know about repayments.

A three-year pause on federal student loan payments ends in October. Here’s how to prepare for repayment.

After the U.S. Supreme Court ended President Joe Biden’s debt cancellation program, advocates for lowering student loan debt say the federal SAVE plan, an updated loan repayment program, could save Texans and other borrowers a lot of money in interest.

December 1st 2022, the federal Supreme Court rejected President Biden’s immediate request to revive his student debt relief plan. The court will review oral arguments in February 2023 and then determine whether the leading lawsuit against the program has merit.