Student Loan Impact Tracker

A federal court has ruled the Department of Education must cancel student loan debt for approximately 500,000 borrowers under a legal settlement.

Pennsylvania's $67 billion in federal student debt leaves borrowers exposed to cost-of-living strain and limited choices.

• Pre-July 2026 loans:...

Families considering a Parent PLUS Loan may need to rethink their strategy due to new annual and aggregate limits for new borrowers.

Scammers are exploiting the restart of collections and credit reporting on federal loans, targeting the two-thirds of borrowers now late or behind.

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SAVE borrowers have 90 days from July notices to pick a new plan or face automatic enrollment in balance-based Standard options.

• Interest already...

PSLF borrowers opened accounts this week to discover years of forgiveness credit erased, with one case dropping from 115 payments. The Education Department confirms this is a data error, and a fix is incoming.

• Treasury advances takeover of ~10 million defaulted accounts, seeking vendors for collections and borrower guidance.
• New Default Resolution Hub...

A federal judge struck down the Education Department’s rule allowing disqualification of employers with a “substantial illegal purpose,” restoring...

• Wage garnishment and Social Security seizures could resume for millions as the Treasury assumes control of defaulted loans
• Involuntary collections...

Chapter 13 filers can lose up to 60 months of PSLF credit because plan payments trigger bankruptcy forbearance, which the PSLF rules explicitly...

GAO warnings on Education Department communication failures with servicers directly explain the billing chaos and default spike after SAVE ended.

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DOE's StudentAid.gov banner vaguely admits a "data issue" with no scope or timeline disclosed, while borrowers report overnight drops from 103 to 88...

Over 100,000 Wisconsin borrowers now in default after SAVE plan ended July 1, with rates up nearly 50% since fall.

• Marie Stolzenburg saw her payment...

A clear pattern of systemic glitches is creating simultaneous threats to repayment progress and forgiveness timelines.

• Recertification failures...

Defaults are surging as reform rollout failures leave borrowers facing sudden payment jumps, glitches, and collections.

• Nationally, 9.5 million...

Borrowers switching off SAVE are seeing rising monthly payments and confusing enrollment processes that risk errors or auto-enrollment.

• Reevaluate...

Advocacy groups are intensifying calls for a federal student loan payment and interest pause, citing 130,000 petition signatures as proof of systemic...

• National defaults hit record 20% with 9.5 million borrowers over nine months late, up 4.2 million since the pause ended
• 29 states now at 20%+...

A GAO report found that unclear Education Department instructions have caused servicers including Nelnet, Aidvantage, MOHELA, and EdFinancial to delay...

MOHELA placed SAVE borrowers into automatic administrative forbearance after a court struck down the plan and the 2025 budget law repealed it, halting...