student loans

Beginning the first week of January, the era of student loan leniency officially ends.  SOFI stock is moving. See the chart and price action here.  The Trump administration will resume administrative wage garnishment for defaulted federal student loan borrowers, marking the first time...

Sen. Elizabeth Warren (D-Mass.) criticized President Donald Trump’s plans to sell federal student loans to private companies, warning that the move could create windfall gains for Wall Street, at the expense of taxpayers and average working Americans. A ‘Giveaway’ To...

The Trump administration has agreed to resume student loan forgiveness for more than 2.5 million borrowers — a move that could inject billions of dollars back into the consumer economy just as the holiday season kicks off. • NAVI is showing upward movement. Get the complete picture here. The...

The Education Department will begin shifting an unspecified number of federal student loans away from MOHELA to other servicers by year's end, according to recent correspondence between Sen. Elizabeth Warren (D-Mass.) and Education Secretary Linda McMahon. FSA Plans Some MOHELA Loan Transfers In...

The Donald Trump administration is moving to significantly reshape the Public Service Loan Forgiveness (PSLF) program, aiming to restrict student loan cancellation for employees of organizations deemed to be engaged in “illegal activities.” What Happened: A draft proposal from the U.S....

President Donald Trump recently signed new legislation that introduces major changes to federal student loan programs. SoFi Technologies, Inc. (NASDAQ:SOFI) and other private student lenders are poised to benefit from these changes.  What To Know: Under the new regulations, graduate students are...

The Education Department's loan servicer, MOHELA, is urging federal student-loan holders who filed for an income-driven repayment plan before April 27 to submit a new application, saying the do-over "may expedite processing." What Happened: Spotted by Forbes first, the fresh guidance, posted on...

Millions of Americans are witnessing a decline in their credit scores as the U.S. government recommences the collection of missed student loan payments. What Happened: The U.S. Department of Education has restarted the process of collecting overdue student loans, a move that has led to a drop...

The U.S. Education Department has halted plans to seize Social Security checks from the roughly 452,000 older Americans who have fallen behind on federal student loans, a policy reversal that offers immediate relief to retirees living on fixed incomes. What Happened: The about-face comes less than...

Student loan debt in the United States has reached unprecedented levels, with borrowers collectively owing more than $1.77 trillion as of 2025, according to the Education Data Initiative.  As tuition costs continue to rise, many graduates struggle to manage monthly payments which can lead to...

A federal judge temporarily blocked President Donald Trump's attempt to reassign more than $1.6 trillion in federal student debt from the Department of Education to the Small Business Administration (SBA) on Thursday. What Happened: Judge Myong J. Joun of the U.S. District Court for the District of...

President Donald Trump’s “big beautiful bill” has been approved by the House, marking a significant step towards its potential impact on Americans’ finances. What Happened: The bill, passed on Thursday, is a comprehensive piece of legislation that extends the...

As the federal government resumes collections on defaulted loans for the first time since 2020, millions of student loan borrowers are at risk of major financial setbacks. New data from TransUnion shows an unprecedented spike in serious delinquencies, just as the Department of Education and the...

SoFi Technologies, Inc. (NASDAQ:SOFI) is set to release its first-quarter financial results before Tuesday's opening bell. Here's a look at what to watch in the report.  What To Watch: Investors will be keeping a close eye on SoFi's recent “student loan boom," a primary catalyst for the stock...

President Donald Trump signed an executive order on Thursday aimed at dismantling the U.S. Department of Education. The president also announced on Friday that federal student loan servicing will be transferred to the Small Business Administration. Here's a look at the latest developments.  The...