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.
Category: Student Loans
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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.
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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.
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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.
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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.
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What Fed Rate Increases Mean for Mortgages, Credit Cards and More
Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
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Do You Have Federal Student Debt? We Want to Hear From You.
The Supreme Court is deciding on student loan forgiveness and payments may resume in the coming months. How have you been coping and planning for the future?
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What Fed Rate Moves Mean for Mortgages, Credit Cards and More
The New York Times – Business:Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
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A New Federal Student Loan Program Will Move Millions Toward Forgiveness
The New York Times – Business:The plan aims to fix “historical failures” and will provide debt cancellation to thousands of borrowers, according to the Education Department.
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Student Loan Case Could Reshape Presidential Politics
The New York Times – Business:President Biden has tried to bypass gridlock in Congress by using executive power. The Supreme Court is skeptical, and could curb that authority.