An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.
Category: Student Loans
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Judge Halts Biden Student Debt Plan Right After It Was Allowed to Proceed
The ruling was the latest instance of legal whiplash for the over 27 million borrowers who could qualify, and yet another blow to the president’s pledge to provide mass student debt relief.
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Federal Judge Clears Path for Part of Biden’s Student Loan Plan
The ruling by a judge in Georgia could be just a temporary reprieve for the plan, which still faces legal challenges in another state.
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How Your Student Loan Payments Will Impact Your Credit
President Biden’s yearlong on-ramp to help federal student loan borrowers ease back into repayment ended on Sept. 30.
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What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what lowered interest rates will mean for your car loans, credit cards, mortgages, savings and student loans.
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Navient Reaches $120 Million Student Loan Settlement With Consumer Watchdog
The company has been banned from servicing federal student loans and must pay $100 million to harmed borrowers, as well as a $20 million penalty.
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Federal Judge Temporarily Blocks Another Pillar of Biden’s Student Debt Plan
The plan would affect millions of borrowers struggling with runaway interest and others who were still paying off loans after decades. It was set to take effect this fall.
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Do Borrowers Still Have to Make Student Loan Payments Under SAVE?
The president’s student loan repayment plan remains suspended after a Supreme Court ruling. Here’s what that means for borrowers.
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Where Does Biden’s Student Loan Debt Plan Stand? Here’s What to Know.
The Supreme Court refused to allow a key part of President Biden’s student debt plan to move forward. Here’s what’s left of it, and who could still benefit.
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Supreme Court Blocks, for Now, Another Biden Student Debt Plan
The move followed a decision last year that the Biden administration had overstepped its authority by trying to forgive more than $400 billion in student loans.
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How Fed Rates Influence Mortgages, Credit Cards and More
Higher rates benefit those who can save, but for borrowers, falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
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Biden Administration Pauses Student Loan Payments for Millions
Eight million borrowers enrolled in the repayment plan known as SAVE will be placed in an interest-free forbearance while the administration deals with legal issues.