The Education Department cleared more applications than it received in February.
The U.S. Treasury will now collect defaulted federal student loans, a move critics say could confuse borrowers.
Transferring the oversight of defaulted student loans is a significant step toward dismantling the Education Department.
Recently released data from the Education Department showed that by the end of last year, 7.7 million borrowers had defaulted ...
President Trump signed an executive order for changes to the PSLF program in March 2025. They impact who qualifies for forgiveness and go into effect July 1, 2026.
An IRS installment agreement lets you pay tax debt over time. Learn the types of payment plans, eligibility requirements, ...
Trump officials plan to task the Treasury Department with collecting on defaulted student loans and eventually "operational ...
The U.S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration ...
Under an agreement announced Thursday, the Treasury Department will take over management of student loans whose borrowers are in default, meaning they are months behind on payments. Those loans add up ...
President Trump has directed that most federal payments be issued electronically, including tax refunds. Last year nearly 10 million people got their refund via a paper check.
The Trump administration is transferring management of the $1.7 trillion federal student loan portfolio from the Department of Education to the Department of the Treasury, the most significant step ...
The U.S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department.
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