The average borrower aged 25 to 34 holds thousands in student loans and many borrowers in this group have seen their repayment situation change many times since the COVID-19 pandemic.
About 160,000 borrowers will soon be notified that they are eligible for automatic student debt discharge through the borrower defense program.
Before taking out a federal student loan, borrowers should first research the four different types.
Eventually, the changes will streamline the system and reduce the number of repayment options, but right now, trying to ...
Student loan borrowers who were steered into a forbearance by Navient may soon get a check, due to a settlement with the ...
The agreement stems from allegations that borrowers were directed into costly repayment paths instead of more affordable ...
The Department of Education released a Notice of Proposed Rulemaking on Jan. 29, announcing its intention to restructure the student loan system in an attempt to lower the cost of higher education.
Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to ...
Some student loan borrowers began receiving notices this month that their loan balances are being reduced. Here's why, and ...
This is read by an automated voice. Please report any issues or inconsistencies here. The Biden-era SAVE student loan repayment plan has ended via settlement, leaving 7.5 million borrowers to ...
Some are looking for new repayment options, with interest on the federal SAVE plan set to start accruing again on Friday. More Americans are falling behind on college debt payments, squeezing their ...
Roughly a million borrowers defaulted on their federal student loans late last year, with millions delinquent on their payments and sliding toward the same fate. That's according to federal data and ...