Direct Loan Program News Today

A group of House Republicans, led by Rep. Virginia Foxx, raised concerns about whether the Biden administration's student loan consolidation scheme is illegal.

Pennsylvanians with qualifying student loans are encouraged to take action before April 30 to receive significant credit towards loan forgiveness — or, in some cases, full forgiveness — of remaining

More than 7.5 million student loan borrowers have enrolled in the U.S. governments newest repayment plan since it launched in August.

NEW YORK — More than 75 million student loan borrowers have enrolled in the U.S. government’s newest repayment plan since it launched in August.

NEW YORK — More than 75 million student loan borrowers have enrolled in the U.S. governments newest repayment plan since it launched in August.

NEW YORK -- More than 75 million student loan borrowers have enrolled in the U.S. governments newest repayment plan since it launched in August.

More than 75 million student loan borrowers have enrolled in the U.S. government’s newest repayment plan since it launched in August. President Joe Biden re

The SAVE plan was created last year to replace other existing income-based repayment plans offered by the federal government.

NEW YORK (AP) -- More than 75 million student loan borrowers have enrolled in the U.S. governments newest repayment plan since it launched in August.

The Biden administration's SAVE plan reduces monthly payments and eliminates debt entirely for some borrowers, but critics have charged that it lacks fundamental fairness.