If you’ve got federal student loans, there are some big changes you need to know about. Interest has started up again for millions of borrowers, and for many, the first step is figuring out where their loans stand. Consumer Reports breaks down what to do and how to stay on track. Almost 8 million Americans
UNITED STATES – JUNE 25: Ranking member Sen. Elizabeth Warren, D-Mass., questions Federal Reserve Chairman Jerome Powell during the Senate Banking, Housing and Urban Affairs Committee hearing on Wednesday, June 25, 2025. Warren has been in communication with the Department of Education over proposed student loan servicing transfers from MOHELA to other contractors. (Tom Williams/CQ-Roll
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
In a moment that instantly went viral in 2019, Morehouse commencement speaker Robert F. Smith surprised graduates at the 135th ceremony with the news that he would be paying off all their student loans. Now Smith, in partnership with Live Nation Urban and the city of Atlanta, wants to help even more HBCU students struggling
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.
Sen. Ron Johnson comments on President Donald Trump’s tax policy bill Senator Ron Johnson, R-Wisconsin, comments on President Donald Trump’s tax policy bill during a Milwaukee Press Club luncheon in Milwaukee. The One Big Beautiful Bill Act, President Donald Trump’s tax and spending bill signed into law July 4, is bringing changes to the federal
If you’re considering private lenders to help you finance your education as a student, there are several reasons to consider Earnest as a potential lender. Earnest provides loans for a variety of educational circumstances including undergraduate and graduate loans, law school and medical school loans and even half-time student loans. Plus, applicants can borrow up
by BLACK ENTERPRISE Editors July 23, 2025 This pay-it-forward approach to covering the cost of college multiplies the number of students who can benefit from a fixed supply of financial aid and can help fill shortages of workers in critical industries In Honolulu, Joshua Alferos was two semesters away from a bachelor’s degree in electrical
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
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