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With protections lifted, borrowers behind on their payments may soon see up to 15 percent of their wages withheld.
The Department of Education oversees federal student loans held by nearly 43 million people, or one in six American adults.
Trump said "special needs" education and nutrition programs will be handled by HHS and the Small Business Administration will ...
Here's what the Constitution says. We've set out to answer other questions you might have about the Education Department, and ...
With 45 million borrowers potentially facing higher costs, experts warn that the ripple effect could weaken consumer spending ...
The Education Department's remit is broad. The agency manages student loans for more than 40 million Americans; oversees $18 billion in Title I funding for elementary and secondary education in ...
Even if the Education Department shuts its doors, there is no indication federal student loan programs will disappear — and recipients will still need to repay loans, according to Karen McCarthy ...
Anna Moneymaker/Getty; Sipa via AP Images The Department of Education is implementing mass layoffs just days after President Donald Trump suggested the agency should not handle student loans.
So what about student loans? What does the dismantling of the Department of Education mean for both current and former students who have loans? It's hard to say at the moment. Trump's plan for ...
Is there any argument that the things that are happening now at the Department of Education around student loans could be beneficial long term? None that come to mind. The student-loan program was ...