Trump officials rejected 327,955 income-driven repayment plan requests from student loan borrowers, according to a recent ...

The Department of Education denied 327,955 borrower requests solely in August, according to a December 15 court filing.

David Chatman, 51, said he's going through bankruptcy proceedings because he cannot afford his student-loan payments without the SAVE plan.

Monthly payments could drop, but most borrowers will pay more in interest over time. What to expect now that President Trump's "Big Beautiful Bill" is law. Rebecca Safier is a personal finance writer ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. pixdeluxe / Getty Images The newly ...

President Donald Trump’s “big, beautiful bill” is now a great, big law. Trump signed the nearly 1,000-page megabill into law Friday during a July 4 celebration, marking a major victory for the ...