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student loan default

Coverage of student loan default in the Nexus archive.

Earliest in view: Jun 20 · 17:27 UTCMost recent: Jun 20 · 17:27 UTC
Co-mentioned in this coverage
U.S. Department of Educationorganization1Nicholas Kentperson1federal student loanstopic1Trump administrationorganization1Direct Loanstopic1
Recent coverage
  • POLITICSJun 20 · 17:27 UTCFORTUNE
    Trump’s student loan rate cut excludes most of the 9 million borrowers in default

    The Education Department announced a 1% reduction in federal student loan interest rates for borrowers with Direct Loans issued after July 1, 2012, who are enrolled in or sign up for automatic payments. The rate cut excludes nearly 9 million borrowers in default, who must first regain good standing to qualify. The change is temporary, lasting through June 30, 2028.