The White House released an executive order instructing the secretary of education to begin shutting down the department — but not to cancel your debt. By Ron Lieber Ron Lieber has been writing ...

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Fraud experts are set to investigate suspicions thousands of students are fraudulently claiming hundreds of millions of pounds in student loans with no plans to study - or pay the money back.

President Trump moving student loans from the Education Department to the Small Business Administration (SBA) is rattling those affected, who say it is prime evidence that the White House has no ...

More than 9 million Americans could see “substantial declines” in their FICO scores in the coming months as delinquent student loans begin showing up on credit reports for the first time since ...

The Trump administration is reportedly getting serious about its threats to shut down the U.S. Education Department. While much of the debate and angst around the agency is focused on K-12 schools ...

A federal court questioned parts of income-driven repayment (IDR) plans, and the Department of Education closed applications for all IDR plans in response. Borrowers already enrolled in the IDR ...

WASHINGTON ‒ President Donald Trump signed a long-anticipated executive order seeking to eliminate the U.S. Department of Education, which he said was "45 years in the making." "We're going to ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial ...

Only Congress can eliminate the Education Department. But the Trump administration can starve the agency of resources. Earlier this month, the department laid off nearly half of its staffers.

Student loan delinquencies are poised to hit record highs, and more than 9 million borrowers could see their credit scores tank in the first quarter of this year, according to new data released ...

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