More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.

The Trump administration is delaying its plans to withhold pay from student loan borrowers who default on their payments, backing off a measure that threatened to deliver a financial blow to millions of Americans.

More than 20 Democrat-led states are challenging a new Trump administration rule designed to block nonprofit and government workers from a student loan cancellation program if federal officials conclude their employer has a “substantial illegal purpose.”.