Borrowers ages 50 to 61 have the highest average balance of any age group at $48,203, according to federal data.

Being in default on a federal student loan means the borrower has gone a long period without making required payments and ...

Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: 5.5 million borrowers in default, another 3.7 million more than 270 days ...

The federal government is preparing to restart one of its most aggressive student-loan collection tools: wage garnishment. Beginning early next year, the U.S. Department of Education will notify ...

HOUSTON – Starting Aug. 1, interest will resume on federal student loans for millions of borrowers enrolled in the now-blocked SAVE repayment plan. “Every single individual loan is already increasing ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

WASHINGTON, DC - MAY 12: Student loan borrowers gather near The White House to support student loan forgiveness on May 12, 2020 in Washington, DC. (Photo by Paul Morigi/Getty Images for We, The 45 ...

WASHINGTON, DC - JUNE 03: Education Secretary Linda McMahon testifies before the Senate Appropriations Committee's Labor, Health and Human Services, and Education Subcommittee about the proposed ...

BUFFALO, N.Y. — Millions of borrowers will once again see their student loan balances increase. The Trump Administration, starting Friday, is applying interest to anyone enrolled in the Saving on A ...

Discover how student loans are amortized, what it means for your repayments, and tips for managing your loan more effectively in this comprehensive guide.

As the new academic year approaches, students and families across the country are scrambling to finalize their college funding plans. Tuition, housing, books and fees can add up quickly, though, so ...

As the cost of tuition, housing and books continues to rise, it's becoming increasingly difficult for many students to pay out of pocket for college. Right now, for example, the average cost of ...