Borrowers

Is SAVE Dead? Tips for Borrowers Stuck in Student Loan Purgatory

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It looks like the end of the line for SAVE after a US appeals court blocked the student loan debt relief program. And options for alternative lower-payment plans are dwindling. The 8th Circuit Court of Appeals ruled (PDF) last month that former President Joe Biden’s administration exceeded its authority by designing the Saving for a … Read more

Trump Can’t Shut Down the Department of Education, but Student Loan Borrowers Should Beware

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President Donald Trump hasn’t been shy about his desire to close the Department of Education, calling it “a big con job” as his administration began gutting it this month. But does the president have the power to shut down the Department of Education? And what would happen if he does? “President Trump cannot shut down … Read more