Congress Considers Law to Increase Student Loan Payments
The College Cost Reduction Act is predicted to reduce the government deficit by $250 to $280 billion over a decade.
Student loan servicers are pulling incorrect payments from borrowers' bank accounts
“Unfortunately, autopay errors were one of the most widespread, basic and consequential servicer errors we saw this year,” CFPB Student Loan Ombudsman Julia Barnard told CNBC. “These errors are incredibly costly and completely unacceptable.”
Don't Overlook Your Student Loan Payments Over the Holidays. Do This Instead
You may be tempted to skip your payments to make more room for gifts and fun, but doing so will cost you more interest.
What You Need to Know About Student Loan Servicers
When you take out a federal student loan, you're assigned a servicer. This company is supposed to help you manage your loan, but you have options if they fail to do so.
If You Want Student Loan Forgiveness, Don’t Do These 5 Things Right Now
Millions of borrowers are in student loan forgiveness limbo. But making the wrong move now could have costly consequences.
Which State Is #1 for Student Loan Debt? See the Top 15.
Look at the states in the US that have the most outstanding student loans to see where the gaps are and how they've affected the economy.
Who’s To Blame For The Student Loan Crisis?
The student loan crisis stems from rising college costs, inadequate government oversight, complex repayment systems, and borrowers’ lack of financial education. ・Disproportionate Impact: Low-income, first-generation,
Student Loan Refinance Rates: November 26, 2024—10-Year Loan Rates Don’t Move
Interest rates on refinanced student loans are steady. For borrowers with a credit score of 720 or higher who prequalified on ...
Can you still apply for student loan forgiveness? This are the available programs for now
If you're wondering whether student loan forgiveness is still possible amid all the legal back-and-forth, the answer is ...
What’s at stake for student loan borrowers during the next Trump administration
With much of President Joe Biden’s student loan agenda tied up in court, the incoming Trump administration could have a ...
Private Student Loan Rates: November 26, 2024—Loan Rates Rise
The average interest rate on 10-year fixed-rate private student loans inched up last week. For borrowers pursuing private ...
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Student Loan Management Tools: Simplifying Education-Related Debt
Education can be a transformative experience, but the financial burden of student loans often clouds the excitement of ...
Biden makes final push for student loan forgiveness before Trump takes office
President Biden is making a last-ditch effort to cancel more student debt before the end of his term, one of his final ...
Republican Student Loan Forgiveness? New GOP Bill Would Reduce Interest
Rather than provide immediate relief via student loan forgiveness, a new Republican bill would significantly reduce federal ...
Private student loan interest rates remain stable for 5-year terms, rise for 10-year terms
This means, 10-year fixed private student loans interest rates increased by 0.16 percentage points and remained stable for ...
How will the Trump presidency affect student loan forgiveness?
President-elect Donald is returning to the White House after defeating Vice President Harris, but what will his second term ...
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CFPB survey reveals student loan repayment struggles and relief
On November 13, the CFPB released findings from the 2023-2024 Student Loan Borrower Survey, which aimed to understand borrowers’ student ...
Connecticut Launching Student Loans Reimbursement Program For Eligible Borrowers
Connecticut will launch Student Loan Reimbursement Program in 2025, allocating $6 billion to reduce the debts of thousands of ...