Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Ariel Skelley/Getty Images Parents ...

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 student loan system that will affect millions of borrowers.

Nearly a third of workers say they're distracted on the job by financial headaches and, for 44 million Americans, one burden is near the top of the debt heap. Consumers are facing over 1.5 trillion ...

A long-time student loan advisor provided advice on new and changing repayment plans and cost-saving options as college students in Minnesota prepare to head back to school. Jack Wallace has more than ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. ljubaphoto/Getty Images Borrowers ...

・All borrowers on SAVE, PAYE, and ICR will be moved to a version of IBR between 2026 and 2028. ・The new Repayment Assistance Plan (RAP) begins in July 2026 as an optional plan for income-based ...

Student loan advocates and borrower protection groups across the country have spent much of the last five months preparing for a series of big changes Congress laid out regarding the student loan ...

Because of the media’s justifiable focus on the Medicaid cuts, tax cut extensions for the rich and major increases to the deficit included in President Donald Trump and the Republican’s One Big ...

The Department of Education completed a key step last week in implementing new regulations governing student loans. This will ultimately bring major changes to loan disbursement, repayment, and ...