Fact checked by Vikki Velasquez Halfpoint Images / Getty Images Follow these five tips to save for retirement while paying off student loans. Key Takeaways In the United States, about 43 million people have student loan debt, totaling over $1.8 trillion. For borrowers, it can be difficult to meet other financial goals while also making student loan payments. However, it’s possible to do both. Follow these five tips to manage your student loans while still saving for retirement. 1. Pick the Right Repayme ...

The Trump administration has reached a new agreement with the American Federation of Teachers (AFT) that could unlock long-awaited student loan relief for millions of borrowers. Announced last week, the agreement allows the Department of Education to resume processing forgiveness for borrowers enrolled in Income-Contingent Repayment (IDR), Pay As You Earn (PAYE) and the Public Service Loan Forgiveness (PSLF) programs — especially those who’ve been chipping away at their loans for more than two decades. Th ...

Student loan debt is a major issue. Nearly 43 million people — about 1 in 6 American adults — have outstanding federal student loans. For the millions of borrowers with federal loans, loan forgiveness can provide substantial relief. Eligible borrowers can qualify for forgiveness of thousands of dollars, allowing them to pursue other financial or career goals. Since the start of President Trump's second term, there have been significant changes to the federal student loan system, and more updates are expec ...