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Federal government halts involuntary student loan collections
Education
Top Story

Federal government halts involuntary student loan collections

  • Ben Machi
  • Updated Jan 27, 2026

The federal government is pausing involuntary collections on student loans after previously sending out notices to some in default.

New IL law will help people refinance private student loans
Illinois Politics
Top Story

New IL law will help people refinance private student loans

  • Mike Miletich
  • Updated Aug 19, 2025

A new Illinois law will create student investment program within the state treasurer's office.

Local financial aid resources available after FAFSA changes
News

Local financial aid resources available after FAFSA changes

  • Carlee Bronkema
  • Updated Jun 19, 2024

SPRINGFIELD, Ill. (WAND) — Each year, millions of high school seniors and college students rush to complete the Free Application for Federal S…

Seniors at Millikin prepare for restart of student loan payments
Community
Featured

Seniors at Millikin prepare for restart of student loan payments

  • Ben Machi
  • Updated Jul 1, 2024

DECATUR, Ill. (WAND) — The multi-year pause on student loan payments due to the COVID-19 pandemic is over on October 1st.

Officials offer tips for borrowers as student loan repayments resume
News
Featured

Officials offer tips for borrowers as student loan repayments resume

  • Daja Clayton
  • Updated Aug 15, 2023

CHAMPAIGN, Ill. (WAND) - Student loan repayments will resume soon, and officials have offered tips to students and borrowers on how to prepare.

Student loan forgiveness program can help public workers pay off what they owe
News
Featured

Student loan forgiveness program can help public workers pay off what they owe

  • Updated Oct 13, 2021

ILLINOIS (WAND) - The Department of Education is working to make it easier for certain public workers to pay off their student loans.

Federal student loan collection pause extended through at least September
News
Breaking Featured

Federal student loan collection pause extended through at least September

  • Jan 20, 2021

WASHINGTON (WAND) - President Joe Biden's administration has extended a pause of payments on federal student loans through at least September. 

Featured

Financial experts encouraging early application for this year's FAFSA

  • Updated Sep 30, 2020

(WAND)- Starting Thursday, families sending students to college will be able to complete the free application for federal student aid- otherwise known as FAFSA.

Facing lawsuit, DeVos erases student loans for 1,500
News

Facing lawsuit, DeVos erases student loans for 1,500

  • By COLLIN BINKLEY AP Education Writer
  • Nov 8, 2019

Facing a federal lawsuit and mounting criticism, Education Secretary Betsy DeVos on Friday said she will forgive certain student loans for mor…

News
Featured

Student loan bill looks to protect borrowers

  • Jackson Brunner
  • Updated May 7, 2019

(WAND) – A bill to increase protections for American student loan borrowers has a lawmaker from Illinois as a sponsor.

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