Direct student loans, provided by the U.S. Department of Education, are a cornerstone of federal financial aid, offering students a way to fund their education without the need for private lenders.

Today, after a year-long pause, interest resumed on student loans enrolled in the Saving on a Valuable Education (SAVE) plan. Launched by the Biden administration in 2023, SAVE was intended to give ...

When President Trump signed the so-called “One Big Beautiful Bill Act” into law earlier this month, he made significant changes to the US student loan system, limiting federal loans that millions of ...

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

If you hit your federal student loan limit in the first year or two of a three-or four-year program, your only option will be private loans. With school back in session now pretty much everywhere, ...

As the new academic year approaches, students and families across the country are scrambling to finalize their college funding plans. Tuition, housing, books and fees can add up quickly, though, so ...

A September Fed rate cut is likely, though it's expected to be a small 0.25-percentage-point reduction. Private student loans with variable rates may see small interest savings, but fixed-rate and ...

As the fall semester wraps up, some college students are realizing they’ll need additional funds to cover spring tuition bills. If that’s you, make sure you’re mapping out your expenses and comparing ...