July 22, 2025

federal student loan

Loans

New cap on medical student loans, Grad PLUS eliminated

Much of the discussion around President Donald Trump’s sweeping tax and spending bill, which he signed into law on the Fourth of July, has focused on big-ticket items like tax cuts and Medicaid. But a less flashy provision tucked into the bill could affect health care, too.The “One Big Beautiful Bill Act” includes a section

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Loans

5 million borrowers have now defaulted on their student loans — and data shows that number could soon double

Danielle Arnone, a Utah mother of two, has seen her credit score plunge 150 points this year because she and her husband were unable to keep up with the cost of living and pay back their federal student loans at the same time. “It was shocking — made us sick to our stomachs,” she told

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Loans

Here’s a guide to know where you stand with student loans

NEW YORK (AP) — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans. Recently, the Education Department announced it would start involuntary collections on defaulted loans, meaning the roughly 5.3 million borrowers who are in default could have their

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