Without this Education Department oversight, borrowers could "be placed in the wrong loan repayment status, billed for incorrect amounts" and more, the U.S. Government Accountability Office says.

New data offers further confirmation of a crisis in the U.S. student loan portfolio, in which too many borrowers are not repaying their student loans.

New data maps the average student loan balance per borrower in every U.S. state, from $31,800 in the lowest state to $126,500 ...

Mississippi has the most student loan debt in the U.S. this year. States in a new WalletHub report were ranked using criteria like average student debt and work opportunities. The nation’s student ...

The Education Department stopped monitoring calls between servicers and borrowers and reviewing borrower data for accuracy, watchdog finds.

Add Yahoo as a preferred source to see more of our stories on Google. In Florida alone, almost 2.8 million borrowers owe $113 billion, federal data shows. (Viktor Cvetkovic/Getty Images) If you’re ...

Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Education Department posted a long-awaited update on student ...

Greg Jackson, a history teacher for New Haven Public Schools, remembers coming home from class at community college in Orange County, New York, in 1993 to find a $3,000 bill waiting for him. He said ...