The Trump administration appears poised to take significant actions that could undermine the Department of Education. Here's what student loan borrowers should do.

Millions of borrowers are in the tough position of owing student loan debt from college while nearing retirement age. New survey data shows that most of these borrowers have children, and many provide care for relatives and friends.

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

President Donald Trump has reportedly set his sights on eliminating the U.S. Department of Education, a long-time Republican goal and promise from his campaign. The proposed plan, though, gives rise to a host of unanswered questions—not least of which is what happens to the 42-plus million Americans with federal student loan debt.

Although President Trump has only been in office for a matter of weeks, he’s already trying to make big changes. And one of those changes is to upend the Department of Education by either closing parts of it or eliminating it for good.