Over 300,000 student loan borrowers were denied a new repayment plan, court filing shows — here’s why

Over 300,000 student loan borrowers were denied a new repayment plan, court filing shows — here’s why

Mixmike | E+ | Getty Images Many student loan borrowers have hit a repayment obstacle: the U.S. Department of Education denied their application to switch into a new payment plan. The department rejected 327,955 borrower requests to be enrolled in an income-driven repayment plan in August alone, according to a Dec. 15 court filing. The … Read more

Trump tariffs: Small businesses take on high-interest rate loans to cover new costs

Trump tariffs: Small businesses take on high-interest rate loans to cover new costs

A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, Nov. 5, 2025. Nathan Howard | Reuters Some small businesses that … Read more

Student loan borrowers — including higher earners — may qualify for lower monthly bills soon

Student loan borrowers — including higher earners — may qualify for lower monthly bills soon

Man planning home budget and using calculator Rockaa | E+ | Getty Images Many student loan borrowers could soon have access to lower monthly payments, as the U.S. Department of Education finishes implementing changes to one of its repayment plans. Previously, borrowers needed to prove a “partial financial hardship” — or income below a certain … Read more

Student loans and year-end tax planning — 4 steps for borrowers to take

Student loans and year-end tax planning — 4 steps for borrowers to take

Alistair Berg | Digitalvision | Getty Images Recent legislation and policy changes under the Trump administration have upended federal student loans. For some borrowers, the shifts may affect their tax situation — how much they owe the IRS, or whether they actually get an expected tax refund. More than 40 million Americans hold student loans, and the outstanding … Read more