Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Kent Nishimura / Los Angeles Times via Getty Images After almost a year of forgiveness ...

The change that triggered this was made quietly and most affected borrowers did not see it coming The real-world dollar difference between the old and new calculation is striking Experts say there is still a right move here but borrowers need to act ...

Two new federal student loan repayment plans will soon be available to millions of borrowers: the Repayment Assistance Plan, or RAP, and the Tiered Standard Plan. Both plans' terms are significantly different from the U.S. Department of Education's ...

A new House bill would change how student loan forgiveness credits are calculated for borrowers who lose their jobs, potentially allowing months of unemployment to count toward loan forgiveness even when no money is paid. An estimated 12 million people ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. The Trump administration is preparing to launch a brand new repayment plan for federal student loans in just a matter of weeks. Education ...

Some types of student loan forgiveness will be taxed again after five years of being tax-free. The change will impact borrowers in income-driven repayment plans who have their debts canceled as a result of making a certain number of qualifying monthly payments