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Navigating Independence: Tips for Young Adults in Preventing Common Financial Pitfalls

Author: Susan Treadway | Posted on: December 18, 2024

Starting out on your own is quite the exciting transition, filled with new opportunities and responsibilities – especially when it comes to managing your own finances. As a young adult,...
Department of Education Announces Borrowers Can Now Apply for Additional Income-Driven Repayment Plans

Author: Department of Education Office of Communications and Outreach (OCO) | Posted on: December 18, 2024

Reopening These Plans Ensures Borrowers Have Legally Required Repayment Options, Including for Borrowers Impacted by the SAVE Litigation The U.S. Department of Education (Department) today...
Statement from U.S. Secretary of Education Miguel Cardona on the 8th Circuit Court of Appeals' Ruling on Biden-Harris Administration’s Saving a Valuable Education (SAVE) Plan

Author: US Department of Education | Posted on: July 19, 2024

U.S. Secretary of Education Miguel Cardona today released the following statement about the 8th Circuit Court of Appeals' ruling on the Biden-Harris Administration’s Saving on a Valuable...
Biden-Harris Administration Seeks Nominations for Non-Federal Negotiators to Continue Rulemaking Process on Student Debt Relief

Author: US Department of Education | Posted on: August 29, 2023

The Biden-Harris Administration today announced the next step in its work to open a new pathway to student debt relief by soliciting nominations for negotiators who will participate in public...
Biden-Harris Administration Begins Discharges for 804,000 Borrowers with $39 Billion in Automatic Loan Forgiveness as a Result of Fixes to Income-Driven Repayment Plans

Author: US Department of Education | Posted on: August 21, 2023

Discharges are the result of U.S. Department of Education action to provide updated and accurate student loan payment counts under loan forgiveness progress The U.S.Department of Education today...
Tips To Save When Paying Your Way Through School

Author: Melissa Howard | Posted on: February 11, 2023

College doesn’t come cheap, and degree-based debt is up more than 300% since 20041. If you’d rather not be the “average” student and still owe more than $32,000 upon...
Education Department Releases Final Regulations to Expand and Improve Targeted Debt Relief Programs

Author: US Department of Education | Posted on: October 31, 2022

Rules improve borrower defense, ensure borrowers get their day in court, and limit student loan interest capitalization Today, the U.S. Department of Education (Department) released final...