Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government and many lenders. Check with SoFi on what new options might ...
A popular method parent borrowers can use to qualify their student loans for income-driven repayment is going away soon. Borrowers with Parent PLUS loans need to take several steps soon if they want ...
If you have poor credit, you’re not alone. Sixteen percent of Americans have a “poor” credit score, ranging between 300 and 579, according to Experian, one of the three major credit bureaus. If you’re ...
But new federal rules usher in two major changes to Parent PLUS loans. First, parent borrowing will now be capped at $20,000 per year and $65,000 total for each student. Second, parents will no longer ...
Major changes are coming to federal student loans on July 1, 2026. Learn about the new caps on Parent PLUS loans and the elimination of the Grad PLUS program.
Borrowers must consolidate their loans by April 1, or risk losing lower payments and potential forgiveness. This page includes information about these cards, currently unavailable on NerdWallet. The ...
This is one of the most common questions I get almost everyday - I can't afford my Parent PLUS Loans, what do I do? I'm a firm believer that parents should NOT be taking out loans to pay for their ...
Thanks to President Trump’s One Big Beautiful Bill Act, those with existing Parent PLUS loans who don't consolidate before ...
WASHINGTON, DC - MAY 12: Student loan borrowers gather near The White House to support student loan forgiveness on May 12, 2020 in Washington, DC. (Photo by Paul Morigi/Getty Images for We, The 45 ...
After these new regulations go into effect in just a few months, millions of borrowers will start experiencing higher monthly payments on their student loans.
When parents take out federal loans to help students pay for college, the government doesn't offer quite as favorable terms as it does when it's providing loans directly to students.