American student loan debt is sky-high, with some estimates putting the total number over $2.19 trillion—that’s higher than all U.S. credit card and auto loan debt combined. President Joe Biden and his administration made numerous attempts to alleviate the burden of student loans,

Borrowers holding private student loans managed by the National Collegiate Student Loan Trusts (NCSLT) may soon receive a share of $2.25 million in compensation for alleged improper debt collection practices.

In what could be his final act as economy minister, Conor Murphy has decided to increase the maintenance loan by 20%. The change will come into effect from September 2025 and will cost his department around £50m.