The U.S. Treasury will now collect defaulted federal student loans, a move critics say could confuse borrowers.

The Treasury Department will take over the management of student loans whose borrowers are in default, according to a new agreement announced Thursday

Under an agreement announced Thursday, the Treasury Department will take over management of student loans whose borrowers are in default, meaning they are months behind on payments. Those loans add up to about $180 billion, or 11% of the government’s $1.7 trillion student loan portfolio.

‘Time is running out’: For years, parents have struggled under the weight of the loans they took on to help their kids pay for college. It’s about to get worse, advocates warn.

More than 7 million student borrowers in the federal SAVE plan will need to move into new programs that could require higher loan payments, advocates said after a pair of court rulings this week dealt what the Trump administration said was the final one ...

The Trump administration plans to start requiring college programs to pass an earnings test to maintain access to federal student loans.

The repayment programs at two law schools in the Midwest aim to support students cut out of the private lending market. Could other institutions follow their lead?