Key Points ・Interest begins accruing August 1, 2025, for SAVE borrowers in forbearance, prompting some to consider switching plans. ・Borrowers pursuing Public Service Loan Forgiveness or with ...

Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.

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The department urges all borrowers in the SAVE plan to quickly transition to a legally compliant repayment plan,” Secretary of Education Linda McMahon said in a news release.

The law sunsets a loan program for graduate students and makes short-term workforce training eligible for Pell Grants.

The massive spending and tax bill signed by President Trump introduces major changes to student loans and financial aid, ...

The Department of Education announced on July 9 that student loans for borrowers in the SAVE plan would start accruing ...

Student loan forbearance temporarily stops or lowers student loan payments. Because of its costs, only use forbearance if you have short-term issues and no other choice.

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Trump’s domestic policy adds new borrowing limits and eligibility requirements for federal student aid programs.

It will kick back in on Aug. 1 for people in the SAVE repayment program, whose payments have been on hold since last summer.

For months, nearly 8 million student-loan borrowers have been waiting in limbo as federal courts weigh the legality of their payment plan. Starting in August, they'll see their balances tick up as ...