You likely won't have to repay debt relief you already received, but time is running out if you're still in line for forgiveness.

Millions of borrowers are in the tough position of owing student loan debt from college while nearing retirement age. New survey data shows that most of these borrowers have children, and many provide care for relatives and friends.

President Donald Trump has reportedly set his sights on eliminating the U.S. Department of Education, a long-time Republican goal and promise from his campaign. The proposed plan, though, gives rise to a host of unanswered questions—not least of which is what happens to the 42-plus million Americans with federal student loan debt.

The White House is preparing an executive order that could disrupt a department doling out more than $ 120 billion a year in student aid.