The administration proposed to use its “compromise and settlement” powers under the Higher Education Act of 1965. But what does that mean?
Category: Student Loans
-
How to Think About Financial Aid and Paying for College
Responses to queries about financial aid, 529 plans, need-blind schools and more.
-
Many Student Loan Borrowers Will Continue to Struggle After Supreme Court Ruling
Those who didn’t complete their degrees and many parents are among the borrowers likely to face challenging times ahead.
-
What Will Happen to Your Student Loans Now
The pandemic pause on student loan payments will end soon, but a new system for calculating repayments may lower monthly bills.
-
Six Ways You Can Still Cancel Your Student Debt
The Supreme Court’s decision on student loan cancellation does not change programs that help public servants and low-income or disabled borrowers.
-
Student Loan Pause Is Ending, With Consequences for Economy
Three years of relief from payments on $1.6 trillion in student debt allowed for other borrowing and spending — and will shift into reverse.
-
What Fed Interest Rate Moves Mean for Mortgages, Credit Cards and More
Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.
-
Here’s What’s in the Debt Ceiling Deal
Two years of spending caps, additional work requirements for food stamps and cuts to I.R.S. funding are among the components in the deal.
-
As the Student Loan Payment Pause Ends, Here’s What to Know
A deal to raise the debt ceiling would require borrowers of federal student loans to resume paying for the first time since early in the pandemic.
-
What’s in the Bipartisan Debt Limit Agreement
Spending caps, additional work requirements for food stamps and a new natural gas pipeline are just several of the components in a deal President Biden and Speaker Kevin McCarthy reached to prevent default.
-
Interest Rates on Federal Student Loans to Rise Next School Year
Rates for undergraduate loans could top 5 percent next school year, adding pressure on families already struggling to pay for college.
-
How a Daughter Helped Her Mother Get Her Student Loans Forgiven
Susan Miskin retired from her teaching job in 2019 and didn’t think she’d ever pay off her student loans. Then, her only child stepped in.