Federal student loan borrowers have spent the last few years adapting to a constantly changing borrowing and repayment landscape. Between the end of pandemic-era relief, the return of required student loan payments and a series of court challenges affecting repayment programs,

Financial literacy expert Ja'Net Adams joins us now to explain what borrowers need to know and how they can prepare.

Student loan refinance rates have held steady throughout the first part of 2026 as the Fed has held interest rates steady. As of June 4, 2026, student loan refinance lenders are offering fixed rates as low as 3.

Refinancing student loans can help borrowers pay off debt quicker or lower monthly bills to free up cash for other financial priorities. The move doesn’t make sense for all borrowers, but it can be a smart strategy for some — particularly if your credit score and financial profile have improved since you took out your loans.

A recent study highlights how student loans and mental health challenges cause college anxiety, leading many current students to consider dropping out.

A new Trump administration rule could restrict relief under the Public Service Loan Forgiveness program beginning in July.

A major lawsuit accusing student loan servicer MOHELA of widespread borrower mistreatment appears headed for settlement talks rather than a courtroom showdown-for now. Attorneys for both MOHELA and the American Federation of Teachers have asked a federal judge to keep the case on hold for another 60 days while they continue negotiating a potential resolution to allegations that the company mismanaged millions of federal student loan accounts.

KEY TAKEAWAYS Almost half of undergraduate students take out loans, and the median amount of student debt for those students is about $25,084.Majors in curriculum and instruction often graduate with the most student debt,