After decades of what it calls “historical failures in administering student loans,” the U.S. Department of Education is providing relief to college graduates navigating the volatile economy.

The head of the Federal Student Aid office, which has faced criticism for the botched rollout of this year’s college financial aid form, will be stepping down.

Some people carrying education debt may qualify for credit or forgiveness of their loan through a Department of Education initiative. Here’s what you need to know.

The top Biden official overseeing federal college financial aid has resigned, the Education Department said Friday, capping off a year of turmoil for students and universities.  Richard ...

Richard Cordray has been the target of much Republican criticism and faced calls to resign over the bungled launch of the new FAFSA.

Millions of student-loan borrowers are being transferred from Navient to MOHELA. Elizabeth Warren wants some of their debt to be canceled first. Economy 2024-04-17T17:06:56Z Biden's new student ...

He'll be leaving as the department faces pressure to deliver on Biden’s aspirations to cancel debt for tens of millions of Americans before the election.

Borrowers with multiple federal student loans, such as Perkins Loans, Parent Plus Loans, and Federal Family Education Loans, have until April 30 to apply for consolidation. The process requires ...

The current student finance system is open to fraud, presenting risk to both students and taxpayers, according to a Parliamentary report published today.

That program, along with ongoing forgiveness through income-driven repayment, is approaching a critical April 30 deadline. It could save borrowers thousands, said Sabrina Calazans, managing director ...

The $84 billion figure is in addition to the $475 billion in projected costs over a decade for Biden’s Saving on a Valuable Education (SAVE) Plan – an income-driven repayment scheme that the ...

These are issued by the U.S. Department of Education and most students will qualify for at least some type of federal aid. Which bank has the lowest interest rate for student loans? Because ...