student loans

A proposed federal student loan rule could prohibit students attending certain college programs from getting federal loans — 16 in the state of Michigan have preliminarily been flagged.

Under the rule, postgraduate programs could lose Federal Direct Loan access if graduates make less than those with just a high school diploma in the same state.

At Eastern Michigan University, students pursuing education degrees can get help repaying their student loans if they make less than $50,000 a year.

The SAVE Plan is ending and repayment options will change dramatically in the new year.

Legal challenges put SAVE borrowers in limbo for months, a time during which they were not required to make payments on their loans. That would change if the proposed settlement is approved.

House Republicans have a plan that would force schools to reimburse the government for a share of the federal loans their students don't repay.

The FAFSA rollout for the 2025-26 academic year has been delayed, continuing headaches for students applying for federal aid. The updated 2024-25 FAFSA form suffered from a series of delays, glitches, and other issues, impacting the number of students who chose to fill out the application for student aid.

More than 900,000 federal student loan borrowers are seeing their loans erased after being in repayment for two decades or more.

Student loan payments were paused during the pandemic. In that time, millions of borrowers have had their loan servicer change. Attorney General Dana Nessel signed a letter with 18 other attorneys general, calling on the Biden administration to protect borrowers who run into processing issues.

Hundreds of thousands of Michigan residents will not get anticipated federal student loan relief, after the U.S. Supreme Court nixed a Biden administration plan.