“The department urges all borrowers in the SAVE plan to quickly transition to a legally compliant repayment plan,” Secretary of Education Linda McMahon said in a news release. Money; Getty Images The ...

Explore microcredit: its definition, functioning, and loan terms. Learn how microloans assist in empowering the financially underserved to start or expand small businesses.

Today's high-rate environment and the rising cost of living are leaving many borrowers in a tough spot. Interest rates on credit cards are still sitting near record highs in mid-2025, after all, and ...

Roughly 8 million federal student loan borrowers will soon see their debt balances start growing again. Borrowers who enrolled in the Saving on a Valuable Education income-driven repayment plan ...

A potential government shutdown looms as lawmakers are deadlocked over the 2026 federal budget. The Department of Education plans to furlough about 95% of its non-Federal Student Aid staff in the ...