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 ...

・The House has passed a sweeping bill that restructures federal student loan borrowing and repayment, while also creating new education-focused savings accounts and modifying Pell Grant eligibility.

Students in Virginia who rely on Pell Grants to help pay for college may soon face higher costs under a sweeping set of federal education reforms being considered by the U.S. Senate. The Pell Grant ...

・Leaving school before earning a degree can trigger immediate repayment obligations for student loans and, in some cases, Federal Pell Grants. ・Federal rules require repayment of unearned financial ...

A student walks past the Joseph Wiley Fincher Building, left, and the Trammell Crow Building, right, at the Cox School of Business on April 6, 2017, on the Southern Methodist University campus in ...

The millions of Americans with student loans, who have already experienced whiplash in federal policy since the pandemic, must again brace for change. The "big, beautiful bill" that President Trump ...

The changes are significant, but not immediate. Most will go into effect from July 1, 2026, to July 1, 2028, including: Big cuts to federal loans for grad students and parents. A new repayment plan ...

The millions of Americans with student loans, who have already experienced whiplash in federal policy since the pandemic, must again brace for change. The "big, beautiful bill" that President Trump ...

The U.S. Education Department will open up the phased rollout of the new federal financial aid form to high schools, districts and other organizations. (Photo by Catherine Lane/Getty Images) Students ...