Latest in 'Borrowers have zero power:' Trump moving student loans to SBA sparks concern, confusion
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'Borrowers have zero power:' Trump moving student loans to SBA sparks concern, confusion
President Trump moving student loans from the Education Department to the Small Business Administration (SBA) is rattling those affected, who say it is prime evidence that the White House has no ...The Hill - 3d -
Student loan borrowers confused by suspension of some repayment plans
Recent changes to student loans have caused confusion and uncertainty around recertification process for borrowers enrolled in repayment plans.CBS News - Mar. 14 -
Trump says student loans moving to SBA, 'special needs' to HHS
President Trump said Friday he is “immediately” moving the handling of federal student loans to the Small Business Administration (SBA), and shifting programs for students with disabilities to the ...The Hill - Mar. 21 -
Trump Moves Student Loans to SBA the Same Day the Agency Slashes Its Staff
The SBA did not include managing the $1.6 trillion federal student loan portfolio anywhere within its memo announcing its restructuring.Inc. - Mar. 21 -
Trump says student loans, special needs programs will be moved to new departments
President Donald Trump said Friday that the SBA will take on student loans and HHS will take on special needs and nutrition efforts.ABC News - Mar. 21 -
Trump wants Small Business Administration to handle student loans. Here's what borrowers need to know
President Donald Trump says he wants to "immediately" transfer federal student loans to the Small Business Administration. Here's what borrowers need to know.CNBC - 2d -
What student loan borrowers should know as Trump targets Public Service Loan Forgiveness
President Donald Trump signed an executive order that aims to limit eligibility for a popular student loan forgiveness program. Here's what you need to know.CNBC - Mar. 10 -
Union sues Trump administration for shutting down student loan repayment plans
The American Federation of Teachers is suing the U.S. Department of Education for shutting down access to affordable repayment plans for student loan borrowers.CNBC - Mar. 19 -
How to manage your student loan payments after a layoff
Student loan borrowers who are unemployed have a number of relief options available to them, despite current challenges to the system.CNBC - Mar. 17 -
Trump administration re-opens student loan repayment plan applications
The Education Department says it's re-opening the applications for income-driven repayment plans, programs used by millions of federal student loan borrowers.CNBC - 1d -
Trump administration re-opens student loan repayment plan applications
The Education Department says it's re-opening the applications for income-driven repayment plans, programs used by millions of federal student loan borrowers.CNBC - 1d -
Trump administration re-opens student loan repayment plan applications
The U.S. Department of Education announced it is re-opening the online applications for income-driven repayment plans, the programs used by millions of federal student loan borrowers to repay their ...NBC News - 1d -
Trump administration re-opens student loan repayment plan applications
The U.S. Department of Education announced it is re-opening the online applications for income-driven repayment plans, the programs used by millions of federal student loan borrowers to repay their ...NBC News - 1d -
Trump to sign executive order limiting Public Service Loan Forgiveness program
President Donald Trump is expected to sign an executive order excluding certain student loan borrowers from the Public Service Loan Forgiveness program.CNBC - Mar. 7 -
Why student-loan borrowers ‘are going to feel the brunt’ of the Education Department layoffs
The cuts come during what was already set to be a period of mass upheaval for the student-loan system.MarketWatch - Mar. 12 -
Over 9 million student loan borrowers past due after bills restarted, Fed estimates
Around 9.7 million student loan borrowers became past due on their bills when the payments resumed after the Covid-era payment pause, the Fed estimates.CNBC - 2d -
Trump Cleaves Student Loan and Special Education Services From Education Dept.
President Trump said Friday that he was tasking other government entities with core functions of the Education Department as he moves to dismantle an agency conservatives have long criticized.The New York Times - Mar. 21 -
Over 9 million student loan borrowers past due after bills restarted, Fed estimates
Around 9.7 million student loan borrowers became past due on their bills after the Covid-era payment pause expired, according to a new estimate by the Federal Reserve Bank of New York.NBC News - 2d -
How Student Loan Stress Can Add to Workplace Anxiety
Nearly 10 million student loan borrowers are now delinquent, months after an end to the pandemic-era repayment freeze.Inc. - 11h -
Most student borrowers are behind on payments. Here’s how to make them pay up
The payment pause broke the student loan program, and the damage will take a long time to fix. But the Trump administration must take responsibility for cleaning up the mess where the Biden ...The Hill - Mar. 21 -
US small business agency to oversee student loans
The Small Business Administration will now manage the loans of some 40 million US borrowers.BBC News - Mar. 21 -
Trump’s SBA Is Going After Collections, Moving Offices From Sanctuary Cities
Small Business Administration’s new boss, Kelly Loeffler, shared a list detailing her 15 priorities as she settled into the new job. The agency is about to look very different compared to Biden’s SBA.Inc. - Mar. 7 -
Trump says student loans will be handled by Small Business Administration
President Donald Trump said Friday that the Small Business Administration, instead of the Education Department, would handle the country's student loans.CNBC - Mar. 21 -
Trump administration's climate rollbacks spark concerns over environmental fallout
The Trump administration is moving forward with what EPA Administrator Lee Zeldin calls the "largest deregulatory action in U.S. history," aiming to undo 31 environmental regulations. The changes ...CBS News - Mar. 14 -
Late student loan bills can drop credit scores by up to 171 points, Federal Reserve warns
The more than 9 million student loan borrowers who are estimated to be past-due could experience "significant drops" in their credit scores, the Fed warns.CNBC - 12h -
Late student loan bills can drop credit scores by up to 171 points, Federal Reserve warns
The more than 9 million student loan borrowers who are estimated to be past-due could experience "significant drops" in their credit scores, the Fed warns.CNBC - 12h -
How much student loan borrowers owe in every U.S. state—in one map
Student debt is pretty common. But average balances tend to be higher in certain states.CNBC - Mar. 17 -
Dismantling Education Department could cause chaos, experts warn
Trump administration effort to wind down the Education Department could lead to frustration for millions of student loan borrowers, experts say.CBS News - 6d -
Student loan borrowers face hits to credit score: NY Fed
The New York Fed warns some people's credit scores could drop as much as 150 points.The Hill - 1d -
Teachers sue Trump admin for stopping affordable student loan repayment plans
The American Federation of Teachers (AFT) filed a lawsuit against the Department of Education this week hoping to restore income-based student loan repayment programs.ABC News - Mar. 20 -
Trump announces the Small Business Administration will handle student loans
President Trump announced that the Small Business Administration would take over the handling of student loans after he signed an executive order aimed at dismantling the Department of Education.NBC News - Mar. 21 -
What could happen to your student loans without the Education Department
President Trump may sign an executive order aimed at dismantling the Education Department. What does it mean for the 40 million Americans with student loans?CNBC - Mar. 20 -
How to manage your student loan payments after a layoff
Figuring out how to keep up with monthly student loan payments is one of the many challenges for those who have lost their job.NBC News - Mar. 17 -
Trump’s silencing of Voice of America sparks shock, outrage
President Trump’s decision to gut the government agency that oversees Voice of America (VOA) has shocked staffers, who have been ordered to stop working, and fueled concern about the U.S. ...The Hill - Mar. 18 -
Trump says Education Dept. shouldn't handle student loans: 'Not their business'
It's a major challenge to the Trump administration's plans to dismantle the Education Department: How to transfer the loan accounts of over 40 million people.CNBC - Mar. 11 -
Watch live: Students rally against Trump moves to dismantle Department of Education
A group of student demonstrators are holding a "sit in" at the Department of Education on Friday to protest President Trump's executive actions to shutter the department. Trump on Thursday signed ...The Hill - Mar. 21 -
Experts to investigate student loan fraud claims
The education secretary says claims of student loan fraud point to one of the "biggest financial scandals" in the university sector.BBC News - 5d -
Trump says student loans will be handled by Small Business Administration
President Donald Trump said Friday that the Small Business Administration, instead of the U.S.NBC News - Mar. 21 -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - Mar. 9 -
DNC chair: Trump told students 'he doesn't give a damn about them' with move against Department of Education
Democratic National Committee (DNC) Chair Ken Martin said President Trump told students “he doesn't give a damn about them” with a recent move against the Department of Education. “Today, Donald ...The Hill - Mar. 20