With school back in session now pretty much everywhere, anyone thinking about applying to college or graduate school this fall will be subject to new limits on student loans for the first time. Among the many provisions in that big budget bill Congress recently passed were major changes to how much graduate students and the
Back-to-school season has kicked off with anxiety for more than 42 million people carrying federal student debt. The federal government holds 91.6% of all student loans in the country. President Donald Trump is shutting down the SAVE (Saving on a Valuable Education) program, established in 2023 under the Biden administration. SAVE paused interest on federal
(WJAR) — Big changes are coming to the way families borrow money for college following the passage of President Donald Trump’s “Big Beautiful Bill” in July. While we won’t see any immediate changes, Director of Student Lending for AAA Northeast Don Kerr said existing borrowers and incoming freshman could see changes to the way they
If you’re a parent, grandparent, or even a student, changes to student loans might soon affect your financial plans. On the “Women & Money” podcast, financial expert Suze Orman recently broke down how a major new federal law — the One Big Beautiful Bill Act — will reshape federal student loans work starting in 2026.
Jul. 31—Students at Calhoun and Athens State can expect changes in federal student loans and grants made by the One Big Beautiful Bill Act starting next year, and Alabama’s nearly 660,000 federal student loan borrowers currently in repayment may see more immediate effects. Calhoun Community College Director of Student Financial Services Melissa Creasy said the
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Imagine you’re a high school senior nearing graduation and eyeing the start of your college career. You have the grades to get into a good school but fall short of earning a full scholarship. However, your parents are well-off
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
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