The Department of Education is implementing mass layoffs just days after President Donald Trump suggested the agency should not handle student loans.
According to the department, more than 1,300 positions will be cut as a result of this reduction in force. Roughly another ...
Experts warn borrowers should expect long waits, especially those with questions or disputes over their student loans.
How mass buyouts and layoffs at Trump's U.S. Department of Education might impact millions of students, teachers and administrators.
These loans can cover the cost of tuition, housing and textbooks — but they must eventually be repaid, plus interest ...
The Department of Education distributes billions in federal money to colleges and schools and manages the federal student loan portfolio. Closing the department would mean redistributing each of those ...
While federal leaders had promised there will be little to no changes to how student loans and grants are handled, some changes are still possible.
Private student loans can be a valuable tool when it comes to paying for college. They typically offer low interest rates for ...
The program forgives the loans of borrowers who work in public service. The executive action would exclude those who work for certain organizations.
Key student loan and aid programs may be eliminated or restructured if Trump follows through with cutting the Department of ...
That description of the Education Department is "a red herring," said Mayotte. "If the Education Department was eliminated tomorrow, the loans would not go away, they would only be sent to a different ...
As the Trump administration overhauls the student loan system, many borrowers pursuing Public Service Loan Forgiveness are ...