Latest Student loans News

Trump signs student debt forgiveness for disabled veterans

Aug. 21, 2019 6:16 PM EDT

LOUISVILLE, Ky. (AP) — Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday. Trump ordered the Education Department to "eliminate every penny of federal student loan...

Feds find potential fraud in student loan repayment plans

Jul. 25, 2019 6:50 PM EDT

Tens of thousands of federal student loan borrowers may be getting their monthly payments lowered by lying about their income and family size, yet the U.S. Education Department is doing little to catch them, according to a report released Thursday by a federal watchdog agency. Among the most extreme cases...

Teachers union sues DeVos over embattled loan relief program

Jul. 11, 2019 6:37 PM EDT

One of the nation's largest teachers' unions sued the U.S. Education Department on Thursday over a federal program that promises to forgive student loans for public workers but has been beset by problems. The American Federation of Teachers filed a federal lawsuit in Washington alleging that the department has...