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The Department of Education says it will resume collections on May 5 and send wage garnishment notices "later this summer." Here's how to know — and what to do — if you'll be affected.
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NPR has spent the past few weeks catching up with student loan experts and asking the Trump administration for clarity on some of borrowers' biggest questions.
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The president said federal student loans would move to the Small Business Administration, and hinted that the Department of Health and Human Services would take over special education oversight.
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Several of President Biden's efforts at loan relief are in jeopardy, including a repayment plan with millions of borrowers waiting in limbo.
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Two federal programs that helped federal student loan borrowers ease back into payments are ending. It will have the biggest impact on borrowers with defaulted loans or borrowers who miss payments moving forward.
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The 8th Circuit Court of Appeals granted a motion for an administrative stay filed by a group of Republican-led states seeking to invalidate the administration's entire student loan forgiveness plan.
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The rulings from Kansas and Missouri federal judges put on hold the federal government helping many of the intended borrowers ease their loan repayment burdens starting July 1.
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President Biden announced the relief for attendees of the now-shuttered art schools, saying they "falsified data, knowingly misled students, and cheated borrowers into taking on mountains of debt."
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The sweeping new proposals, if enacted, could ease student loan debt for millions of borrowers.
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Because of past administrative failures, the some 78,000 affected public service workers such as nurses and teachers never got the relief they were entitled to under the law, Biden said.