Overall, the change will see borrowers being charged more than $27 billion in interest over the next 12 months.

A group of prominent senators is pushing the Trump administration to abandon its decision to start charging interest for nearly 8 million student-loan borrowers.

Student loan borrowers enrolled in the interest-free SAVE forbearance will soon see their debt begin to grow again, the Trump administration says.

It will soon get harder to pay off your student loans. On Friday, President Trump signed the One Big Beautiful Bill Act into law, restructuring the federal student loans system and making it more difficult to finance your education through loans.

Learn about the SAVE student loan repayment plan from the White House! Get insights on student debt, loan forgiveness, and financial literacy.

Here's what to know after a decision by the Supreme Court gives the president a green light to move forward on his promise to gut the agency.

President Trump’s Big Beautiful Bill is massively rolling back federal student-loan programs in a nearly complete-180-degree turnaround from the Biden-era debt-forgiveness movement. The

WASHINGTON (AP) — The Supreme Court on Monday cleared the way for the Trump administration to continue unwinding the Education Department, allowing it to move ahead with mass layoffs and a plan to outsource the department’s operations to other agencies.