Student Loans/page/3 news and trends

Student Lender Mpower Shutters Following Immigration Crackdown

October 07, 2026
Student Loan Borrowers Scramble to Pick New Repayment Plans
Consumer Finance // September 13, 2026

Millions of federal student loan borrowers are racing to pick new repayment options under the governmental rules. That’s according to a report Sunday (Sept. 13) from The Hill, which says borrowers on the now-defunct Biden-era SAVE Plan must choose a new repayment plan within 90...

Department of Education Delays Involuntary Collections on Federal Student Loans
Loans // January 16, 2026

The U.S. Department of Education said Friday (Jan. 16) that it will temporarily delay the implementation of involuntary collections on federal student loans so it can add more ways for borrowers to repay their loans. During the delay, the agency will implement student loan repayment reforms...

Student Debt Increasingly Wiped Away by Bankruptcy
Consumer Finance // December 28, 2025

Student loan borrowers are seeing increased success in discharging their loans in bankruptcy court. That’s according to a report Sunday (Dec. 28) by The New York Times (NYT), citing a study by Jason Iuliano, a professor at the University of Utah’s S.J. Quinney College of...

Defaulting Student Loan Borrowers Risk Wage Garnishment
Consumer Finance // December 23, 2025

The U.S. Education Department is set to resume garnishing wages from student loan borrowers in default. The practice, put on hold during the pandemic, will resume early next year, according to multiple news accounts Tuesday (Dec. 23). “We expect the first notices to be sent...

Interviews & Exclusives
Is Student Loan Debt a Ladder Up or a Weight Down?

August 15, 2025
It was Aristotle who said: “The roots of education are bitter, but the fruit is sweet.” It could be a headline for the latest paycheck-to-paycheck study from PYMNTS, which found a mix of regret and pride among the parents and students who have gone into debt to finance their education. It’s an issue that has […]

74% of Students Lack Access to Tuition Payment Apps

December 31, 2024
Higher education is vital for personal and professional growth but rising tuition costs make it harder for students to attend. While financial aid like scholarships and loans help, delays in...

CFPB Eyes Tuition Payment Plans as Students Return to School

September 27, 2023
It’s the end of September, summer’s a distant memory, and students are only a few weeks into settling into the routine of books, homework, and given the way things are...

Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending

September 18, 2023
Just a few weeks from now, federal student loan payments resume, ending a moratorium that had been in place since the onset of the pandemic in March of 2020. And...

Quick Reads
Student Lender Mpower Shutters Following Immigration Crackdown

October 07, 2026
Mpower Financing, an American lender focused on loans to international students, is reportedly shutting down. That’s according to a report Wednesday (Oct. 7) by Bloomberg News, which calls this one of the biggest corporate implosions related to President Donald Trump’s immigration crackdown. According to the report, Mpower had been relying heavily on students from African countries like Zimbabwe, a […]

Student Loan Borrowers Scramble to Pick New Repayment Plans

September 13, 2026
Millions of federal student loan borrowers are racing to pick new repayment options under the governmental rules. That’s according to a report Sunday (Sept. 13) from The Hill, which says...

Department of Education Delays Involuntary Collections on Federal Student Loans

January 16, 2026
The U.S. Department of Education said Friday (Jan. 16) that it will temporarily delay the implementation of involuntary collections on federal student loans so it can add more ways for borrowers...

Student Debt Increasingly Wiped Away by Bankruptcy

December 28, 2025
Student loan borrowers are seeing increased success in discharging their loans in bankruptcy court. That’s according to a report Sunday (Dec. 28) by The New York Times (NYT), citing a...