Educational News

Why It Matters The federal student loan default rate reached 21.3% in the third quarter of fiscal 2026, following a sharp jump the report calls a “default cliff” in the fourth quarter of fiscal 2025, according to a new Congressional…

As millions of federal student loan borrowers get pushed out of affordable repayment plans, the Education Department is stepping up efforts to persuade them to enroll in a new repayment program that launched earlier this summer. But while the new…

In Judge Sarah Sharer Curley’s nearly three decades presiding over bankruptcy cases, some were especially painful to witness, she said — such as the 73-year-old woman who stood before her in 2012 with a student loan balance of more than…

Nearly 2 Million Federal Student Loan Borrowers Have Enrolled in Auto Pay  Today, the U.S. Department of Education (the Department) extended the enrollment period for the 1 percent interest rate reduction benefit by an additional three months. Borrowers who enroll…

A group of student loan borrowers sued the Trump administration on Thursday, alleging they suffered unexpected financial damages despite getting their debts forgiven years ago. The borrowers said in their lawsuit, Woods v. U.S. Department of Education, filed in the…

Five-hundred colleges and universities in the U.S. now share one alarming distinction: At least 40% of recent students who borrowed federal loans aren’t paying them back. That’s according to the latest federal nonpayment-rate data published by the U.S. Education Department. The data…

A solicitor from Brighton says her £600-a-month student loan repayments remain “huge” despite paying back tens of thousands of pounds and it’s “unfair” she will continue accruing interest while on maternity leave. Polly Fletcher borrowed £42,000 to fund her degree,…

Financial strain and a lack of credit literacy have steadily fueled a growing reliance on credit cards among college students. U.S. News conducted a nationwide survey of 1,200 college students via PureSpectrum between Aug. 21 and Aug. 25, 2026. We…

While U.S. consumers are getting better at keeping up with credit card and personal loan payments, mortgage and student loan delinquencies are climbing, and student loan delinquencies remain historically high, according to the Spring 2026 FICO Credit Score Insights report. Delinquencies, or…

The U.S. Department of Education is reevaluating account histories for borrowers pursuing Public Service Loan Forgiveness — in some cases, reducing the number of qualifying payments and pushing those individuals further away from debt cancellation. PSLF, which was created in 2007, wipes away…