Happens Student Loans

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 - 1d

What Happens to Student Loans if the Education Dept. Closes?

The White House released an executive order instructing the secretary of education to begin shutting down the department — but not to cancel your debt.

The New York Times - 19h

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 - 22h

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

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

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 - 4d

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 - 2d

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 - 21h

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 - 19h

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 - 4d

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 - 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

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 - 19h

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 - 22h

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. - 19h

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

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

Warren warns of 'dire consequences' of Education Department firings for student loans

Sen. Warren urges Education Secretary Linda McMahon to reinstate Department of Education employees who were critical to the nation’s federal student aid process.

ABC News - 1d

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 - 4d

AFT sues Education Department over removal of IDR student loan applications

The American Federation of Teachers (AFT), one of the largest unions of educators in the country, sued the Department of Education Wednesday over the removal online of income-driven repayment (IDR) ...

The Hill - 3d

Small Business Association to oversee student loans, Trump says

The president also said the Department of Health will handle special education and school nutrition programs.

NBC News - 1d

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 - 18h

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 - 16h

Interpol issues global alert for missing Pitt student

Interpol has issued a global alert for University of Pittsburgh student Sudiksha Konanki who went missing in the Dominican Republic more than a week ago. Police say they're now investigating all ...

CBS News - Mar. 14

How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The New York Times - 2d

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 - 1d

Federal student loan site down Wednesday, a day after layoffs gutted Education Department

An hours-long outage on StudentAid

ABC News - Mar. 12

Trump to dramatically downsize education department but it will still handle student loans, says White House – live

Press secretary Karoline Leavitt says DoE will be ‘much smaller’ due to executive order Trump will sign as critics say it is ‘dark day’ for US children. Revealed: Trump education cuts mean years ...

The Guardian - 1d

Why Trump Can’t Immediately Shut Down the Education Department

Congress and federal law stand in the way of shutting down the agency, which manages federal loans for college, tracks student achievement and supports programs for students with disabilities.

The New York Times - 1d

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 - 17h

‘I’m an endless honey pot’: My wife and I are in our 70s. We gave our son $40,000 for his L.A. wedding. Now he wants more.

“We have four sons. We financed three of them through college, so none of our kids have student loans.”

MarketWatch - Mar. 8

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