Borrowers are set to resume payments on their federal student loans Sept. 1 after more than three years of forbearance that began during the COVID-19 pandemic. The end of the payment pause comes ...
A federal appeals court has sided with the Biden administration and temporarily halted a lower court ruling that had blocked reduced student loan payments that were scheduled to go into effect ...
Some federal student loan borrowers could see missed payments negatively affect their credit scores, and the effects of that could linger for multiple years afterward.
A perfect storm is brewing for millions of federal student loan borrowers, who may experience dramatic increases in their monthly payments later this year.
Here’s what student loan borrowers struggling to pay their bills need to know about the restart of collections.
If you have had trouble staying on top of your student loan payments and are concerned about the prospect of wage garnishment ...
Millions of student loan borrowers could see their monthly loan payments increase in 2025 as several of President Joe Biden's rules expire in the new year. Next year, borrowers who are in an ...
The Biden-Harris administration launched the Saving on a Valuable Education (SAVE) income-driven repayment (IDR) plan in August of 2023 with the goal of reducing student loan payments for most ...
Shutterstock How to make principal-only payments on student loans. M aking principal-only payments on student loans (either ...
As the last extension of government-mandated pauses for student loan payments expire, borrowers who don't make timely payments will likely get hit with negative marks on their credit reports.
And last year, many borrowers resumed making student loan payments — with interest — after an unprecedented multiyear pause. The U.S. Department of Education is offering programs, including ...
Now that student loan forgiveness isn't included in Biden's annual budget, should borrowers move on and pay off their student loans — taking advantage of the last few months of the interest rate ...