The Consumer Financial Protection Bureau last week said it had reached a $120 million settlement with student loan giant Navient that could lead to compensation for hundreds of thousands of borrowers.

Navient, the nation’s largest servicer of student loans, has misled borrowers for years with respect to its policies and practices, costing them millions of dollars, according to a lawsuit filed ...

In the United States, over 40 million individuals hold federal student loans, contributing to a staggering debt exceeding $1.6 trillion. The U.S. Department of Education (ED) has resumed processing ...

President Joe Biden is taking a "hard look" at canceling some federal student loan debt, but even a broad forgiveness plan may leave out some of the 43 million borrowers. Biden has indicated that if ...

Democratic lawmakers asked private lenders how they're preparing for the potential influx. Private student lenders have faced accusations of predatory behavior that drove borrowers into unaffordable ...