Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments after the Department of Education stalled payment counts.

Updated on: July 9, 2025 / 3:02 PM EDT / CBS News If your student loan payments are having a big impact on your budget, it's time to take charge of the issue. Getty Images/iStockphoto ...

The US Department of Education has halted the cancellation of student loans in Income-Based Repayment plans, prompting concern among borrowers that their loans will not be forgiven anytime soon.

Student loan repayment news is breaking so fast that it's difficult to keep track of all the changes. A recent update to the Department of Education's declarations about how a married borrower's ...

"If a loan is in default, then actions will be taken to then collect on the default loan." Student loans are considered in default after you've missed 270 days of payments (excluding payment pauses).

AMY TIBBLE: Having to pay my $900 monthly payment has been really suffocating. MARTIN: If you cannot repay, Wise says, the cost will be severe. WISE: Your credit score will very likely take a hit.

The U.S. Department of Education announced Monday that it will resume involuntary collections on defaulted student loan payments on May 5. Since March 2020 — the start of the COVID-19 pandemic ...

Student loan borrowers could see their monthly payments spike under President Trump’s “big, beautiful" bill, which would cut down a handful of repayment options to just two.

A mortgage loan estimate is a standardized, three-page document from a lender containing details about a mortgage, including ...

Millions of student loan borrowers who were enrolled in a Biden-era repayment plan will soon see their monthly payments increase after the current administration restarted interest accrual Aug. 1.