After payments resumed, the volume of past due federal loans quickly returned to pre-pandemic levels and reached a new high of 15.6% by the end of the on-ramp period, with more than $250 billion in delinquent debt owed by the 9.

Democrats propose the SOAR Act to protect income-driven repayment benefits after the SAVE Plan was blocked. Here’s what the bill does—and its chances in Congress.

The rising cost of higher education in the United States has led millions to rely on student loans, creating a significant financial burden. Student loan forgiveness has emerged as a crucial topic, offering potential relief to borrowers.