STUDENT LOANS

May 01 2026POLITICS

New Limits on College Loans Aim to Cut Costs and Curb Overborrowing

The U. S. Education Department will enforce new rules on July 1 that cap how much students can borrow for graduate studies. These limits come from a federal law signed in July 2025 that reshaped the student‑loan system. The goal is to make college more affordable and simplify repayment for borrowers

reading time less than a minute
Apr 07 2026FINANCE

New student loan plans: what borrowers in Alabama need to check now

The federal government has just replaced the old SAVE plan with two fresh repayment options under the RISE program, and anyone with a federal student loan has about three months to pick one. Instead of the SAVE plan’s promise of smaller payments and no extra interest, borrowers now face a simpler ch

reading time less than a minute
Apr 06 2026FINANCE

Fresh grads face a tough job hunt and financial juggling

College graduates are stepping into a job market that feels more like a maze than a clear path. Experts warn that this group may hit the highest unemployment numbers seen in recent years, partly because new technologies are taking over many simple entry‑level roles. In the last quarter of 2025, the

reading time less than a minute
Mar 22 2026POLITICS

Education Department Faces Big Fight Over Its Future

A year ago, a former president signed an order that told the Education Secretary to start shutting down the department and hand its powers back to states. The goal was to make education more local, a plan that many conservatives have pushed for long time. The secretary said her main job was to “p

reading time less than a minute
Mar 20 2026POLITICS

A Major Shift in Student Loan Management Raises Questions

The federal government is making a big change in how it handles student loans. Starting now, the Treasury Department will take charge of loans where borrowers haven’t made payments in months. This covers about $180 billion of the government’s $1. 7 trillion student debt. Eventually, the Treasury wi

reading time less than a minute
Mar 20 2026POLITICS

A new plan for handling student loans shifts focus to the Treasury

The government just announced a three-step plan to move control of student loans to the Treasury Department. First, it will focus on loans that are already in default. Next, it will handle loans that are not yet in default, as long as it’s legally possible. Finally, the Treasury will help make sure

reading time less than a minute
Feb 18 2026FINANCE

Navient's Long-Awaited Compensation: A Closer Look

Navient, a major player in the student loan industry, has finally started sending out payments to borrowers who were allegedly wronged. This comes after a $100 million fund was set up by the U. S. consumer financial watchdog. The payments began rolling out in February, over a year after the Trump ad

reading time less than a minute
Feb 18 2026BUSINESS

Navient's Long-Awaited Reparations Begin

Money is finally moving to those wronged by Navient, but not without a long delay. The Consumer Financial Protection Bureau (CFPB) has started sending out payments to borrowers after a deal was struck in 2024. Navient, a major student loan servicer, agreed to pay $120 million, with $100 million goin

reading time less than a minute
Jan 23 2026EDUCATION

A Break for Some Student Loan Borrowers: What You Need to Know

The Education Department has decided to pause certain collection actions for some federal student loan borrowers. This move gives those in default a bit of a break while the government works on updating loan repayment and forgiveness programs. This pause means that actions like wage garnishment and

reading time less than a minute
Jan 05 2026FINANCE

Market Moves: Big Wins and Losses in the World of Stocks

The stock market had a wild ride recently, with some companies seeing huge gains while others took a big hit. Let's break it down. Zenas BioPharma, a biotech company, saw its stock drop by more than half after their new drug showed promise in trials. The drug, obexelimab, is meant to treat a rare d

reading time less than a minute