Institutions that continue to saddle their students with debt eventually face increasing penalties and risk loss of access to federal student aid,” the House Education & Workforce Committee

A $1 raise could lead to a $1,000 spike in student loan payments under GOP Repayment Assistance Plan. Here’s how this surprising cliff effect could hit borrowers hard.

Education is one of the most powerful tools for building a better future, and most people are willing to work hard to get it. But for many, it comes at a cost: literally. Student loans often make higher education possible for those who can’t afford it outright.