student loans

The Donald Trump administration is moving to significantly reshape the Public Service Loan Forgiveness (PSLF) program, aiming to restrict student loan cancellation for employees of organizations deemed to be engaged in “illegal activities.” What Happened: A draft proposal from the U.S....

President Donald Trump recently signed new legislation that introduces major changes to federal student loan programs. SoFi Technologies, Inc. (NASDAQ:SOFI) and other private student lenders are poised to benefit from these changes.  What To Know: Under the new regulations, graduate students are...

The Education Department's loan servicer, MOHELA, is urging federal student-loan holders who filed for an income-driven repayment plan before April 27 to submit a new application, saying the do-over "may expedite processing." What Happened: Spotted by Forbes first, the fresh guidance, posted on...

Millions of Americans are witnessing a decline in their credit scores as the U.S. government recommences the collection of missed student loan payments. What Happened: The U.S. Department of Education has restarted the process of collecting overdue student loans, a move that has led to a drop...

The U.S. Education Department has halted plans to seize Social Security checks from the roughly 452,000 older Americans who have fallen behind on federal student loans, a policy reversal that offers immediate relief to retirees living on fixed incomes. What Happened: The about-face comes less than...

Student loan debt in the United States has reached unprecedented levels, with borrowers collectively owing more than $1.77 trillion as of 2025, according to the Education Data Initiative.  As tuition costs continue to rise, many graduates struggle to manage monthly payments which can lead to...

A federal judge temporarily blocked President Donald Trump's attempt to reassign more than $1.6 trillion in federal student debt from the Department of Education to the Small Business Administration (SBA) on Thursday. What Happened: Judge Myong J. Joun of the U.S. District Court for the District of...

President Donald Trump’s “big beautiful bill” has been approved by the House, marking a significant step towards its potential impact on Americans’ finances. What Happened: The bill, passed on Thursday, is a comprehensive piece of legislation that extends the...

As the federal government resumes collections on defaulted loans for the first time since 2020, millions of student loan borrowers are at risk of major financial setbacks. New data from TransUnion shows an unprecedented spike in serious delinquencies, just as the Department of Education and the...

SoFi Technologies, Inc. (NASDAQ:SOFI) is set to release its first-quarter financial results before Tuesday's opening bell. Here's a look at what to watch in the report.  What To Watch: Investors will be keeping a close eye on SoFi's recent “student loan boom," a primary catalyst for the stock...

President Donald Trump signed an executive order on Thursday aimed at dismantling the U.S. Department of Education. The president also announced on Friday that federal student loan servicing will be transferred to the Small Business Administration. Here's a look at the latest developments.  The...

Navient Corp (NASDAQ:NAVI) ended the third quarter with an adjusted cash position of $572 million, or $5.35 per share. That’s adjusted for an unsecured debt maturity and $65 million worth of share repurchases expected in the fourth quarter, according to Seaport Research Partners. The Navient...

The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration’s total student loan forgiveness to $183.6 billion for more than 5 million borrowers.  The Details: The Department of Education announced several types of discharges on Monday...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

The Biden administration withdrew two major student loan forgiveness plans Friday, just weeks before President-elect Donald Trump returns to the White House. Here's a look at what it means for borrowers and student loan service providers.  The Details: The Education Department posted notices in the...