A new bipartisan proposal in Congress aims to slash interest rates on federal student loans to just 2%, a dramatic drop from the 6% to 9% rates that most borrowers have today. The bill — officially ...

The Biden administration broadened its latest proposal for a sweeping student loan forgiveness program Thursday to borrowers facing new financial hardship qualifications, part of a modified plan after ...

The Biden administration unveiled its fourth major student loan cancellation scheme last week. While the administration’s past three cancellation plans have suffered defeats in the courts, officials ...

Republican lawmakers have unveiled a proposal to dramatically reshape the federal student loan system, aiming to overhaul how millions of Americans repay their education debt. The plan, introduced ...

WASHINGTON —A proposal from the Securities and Exchange Commission threatens to eliminate bank loan funds, the Investment Company Institute told the agency in a comment letter obtained by American ...