A small decline in interest rates on federal loans for next school year is the first in five years. It comes amid turmoil in student loan and financial aid programs.
Category: Student Loans
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Want a Gift for Opening a 529 College Savings Account?
Some state plans give cash incentives in May to spur contributions.
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What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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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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Harvard’s War With Trump Forces Question of How Endowments Should Be Spent
The Trump administration’s war on elite universities has forced them to consider whether it’s ever worth dipping into the trust.
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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.
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What Happens to Student Loans if the Education Dept. Closes?
The White House released an executive order instructing the secretary of education to begin shutting down the department — but not to cancel your debt.
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How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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Trump Seeks to Bar Student Loan Relief to Workers Aiding Migrants and Trans Kids
The president signed an order that would deny loan forgiveness to workers for groups engaged in “substantial illegal activities,” which it indicated included things like diversity initiatives.