Without this Education Department oversight, borrowers could "be placed in the wrong loan repayment status, billed for incorrect amounts" and more, the U.S. Government Accountability Office says.
New data offers further confirmation of a crisis in the U.S. student loan portfolio, in which too many borrowers are not repaying their student loans.
New data maps the average student loan balance per borrower in every U.S. state, from $31,800 in the lowest state to $126,500 ...
WASHINGTON, DC - NOVEMBER 20: Secretary of Education Linda McMahon (L) speaks during a White House press briefing with White House Press Secretary Karoline Leavitt (R) on November 20, 2025 in ...
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Few things take the shine off a hard-earned degree like a mountain of student debt. And millions of Americans are feeling the weight: The Education Data Initiative says more than 42 million borrowers ...
Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Education Department posted a long-awaited update on student ...
A parent asked whether their child should take out student loans for their dream school. Here's how to balance college dreams with financial realities.
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