Hailed as a win for borrowers, the agreement will enable more enrollees in income-driven repayment plans to have their remaining debt canceled.
Category: Education Department (US)
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Student Loan Cancellation Is Restarting for Some Federal Borrowers
After a halt for most of the year, borrowers enrolled in one income-driven repayment plan may begin to receive loan discharges within weeks.
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The FAFSA Form Is Coming on Time This Year. For a Change.
The federal form, used to determine financial aid, will be available to the public on Oct. 1. Technical glitches that delayed the form for the past two years are said to have been resolved.
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What to Know About Student Loan Repayment Plan Changes and Your Options
Federal student loans have been upended by litigation and legislation. Here’s what you need to know to repay your loans, avoid tax bombs and more.
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No, a TikTok Trick Won’t Erase Student Loan Debt
Videos promoting a quick hack for having student loans forgiven are circulating. Experts warn the trick doesn’t work.
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Tips for Navigating the ‘Chaotic System’ of Student Loan Repayments
Experts say recent graduates with loans should choose the repayment option that makes the most sense for them now and expect to make adjustments later.
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Student Debt Collections Restart on May 5. Here’s What to Know.
More than five million borrowers are in default, and millions of others are projected to be on the precipice.
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Education Department Will Resume Collections on Student Loan Debt
In an announcement this week, the department warned that millions of borrowers could be referred to debt collectors and see deductions from their paychecks.
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Millions of Student Loan Borrowers Are Behind on Payments
They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has implications for the already slowing economy.
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Trump Cleaves Student Loan and Special Education Services From Education Dept.
President Trump said Friday that he was tasking other government entities with core functions of the Education Department as he moves to dismantle an agency conservatives have long criticized.
