The new Republican education bill would slash student-loan repayment plans and eliminate some types of loans in a money-saving effort.

House GOP proposed a major student loan forgiveness and repayment overhaul. Here’s how the Repayment Assistance Plan would work for 40 million current and new borrowers

House Education and Workforce Committee Republicans have released their plan to overhaul the country's student loan and financial aid system. Pell Grant eligibility would come with new requirements, and student loan borrowers could see their repayment plan options dwindle.