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'Frustration, anger, confusion': Trump administration leaves millions without clear path to paying off student loans
Many Americans with student debt are again facing future upheaval after a federal appeals court recently ordered the end of a Biden-era student loan repayment program, known as the Saving on a Value Education (Save) Plan, a move that coincided with another grim revelation: new education department data shows that by the end of 2025, 7.
#StudentLoans #DebtRelief #EducationPolicy
www.barchart.com
Student loans are headed to the Treasury Department. Here's what to know if you have student debt
NEW YORK (AP) -- The Treasury Department will take over the management of student loans whose borrowers are in default, according to a new agreement announced Thursday.
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www.barchart.com
Student loans to go to Treasury Department as Trump continues to dismantle Education Department
WASHINGTON (AP) -- The U. S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration officials dismantle the federal education agency.
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nypost.com
Exclusive | McMahon sends letter to 9M delinquent student borrowers that Bessent is new debt collector -- with $425B on line
WASHINGTON -- Education Secretary Linda McMahon is sending a letter to 43 million Americans with student loan debt -- about 9 million of whom are in default -- that the Treasury Department is taking over debt collection, The Post has learned.
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www.cnbc.com
Trump administration's delay on student loan collections offers borrowers time to get current
In the meantime, experts say borrowers should move quickly to get current on their debt and to protect their tax refunds, wages and retirement benefits from seizure.