After 5 Years, Student Loan Borrowers May See Credit Scores Suffer For Missed Payments
KEY TAKEAWAYS Federal student loan borrowers could see their credit scores suffer for missed payments for the first time since the COVID-19 student loan payment pause.Late or missing payments have not been reported to credit reporting agencies and wages have not been garnished since the pandemic.
Student Loan Interest to Increase Under Republican Plan: What to Know
Republican lawmakers have proposed a change that would end halted interest payments for borrowers while in school.
GOP Plans Would Raise Taxes On Student Loan Borrowers, Students In School
Republican lawmakers are considering a number of proposals that could effectively increase taxes on student loan borrowers and college students.
Most Student Loan Borrowers Are Overwhelmed As Repayment Plans Keep Changing
Almost 70% of federal student loan borrowers feel overwhelmed while navigating their payment options as they struggle to keep up with the confusing and ever-changing repayment landscape.
Increasing student loan borrowing will 'change lives'
In what could be his final act as economy minister, Conor Murphy has decided to increase the maintenance loan by 20%. The change will come into effect from September 2025 and will cost his department around £50m.
Some Student Loan Borrowers May See Debt Collection Stopped
Because of a recent proposed settlement with the CFPB, some private student loan borrowers may see a stop to collections efforts.
How to make principal-only payments on student loans
SoFi shares exactly what a principal-only student loan payment is and how to be sure you're doing it right. Making principal-only payments on student loans can accelerate the payback period and reduce overall borrowing costs.
Student Loan Borrowers Could Get $2M In Compensation Over Alleged Wrongful Collections
National Collegiate Student Loan Trusts could compensate student loan recipients if they’re found guilty of sheisty practices in a lawsuit filed against them by the Consumer Financial Protection Bureau.
Student Loan Forgiveness Is In Limbo But Could The Interest Deduction Vanish, Too?
Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...
$2 trillion in student loan debt is in limbo under Trump
American student loan debt is sky-high, with some estimates putting the total number over $2.19 trillion—that’s higher than ...
Student loans for millions of federal borrowers won't be halted under Trump's funding freeze, the Education Department says
The Education Department said that student-loan borrowers will continue to receive aid under President Trump's temporary ...
How To Get a Student Loan Online: A Complete Guide
Finding the best online student loan lender depends on several factors. “Students should carefully review interest rates, ...
Despite chaos over Trump White House’s funding pause, FAFSA forms and student loans still available
A temporary freeze imposed briefly this week by the White House on federal grants and loans left many students wondering ...
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Trump's Funding Freeze Halted. What Financial Aid and Student Loan Recipients Should Know
Just before the Trump-Vance administration's federal funding freeze was set to go live, it was blocked by US District Judge ...
The Federal Funding Pause Does Not Apply to Student Loans and Pell Grants
Students and parents panicked after news of the order, but the Education Department said the guidance would not stop the flow ...
These Student Loans Should Not Be Affected By Trump's Temporary Loans And Grants Pause
An order by President Donald Trump will freeze potentially trillions of dollars of grants and loans starting at 5 p.m.
I can afford my daughter's college tuition, but I'm having her take out student loans. I want her to be financially independent.
I saved up a college fund for my daughter, but I'm not giving her access to it. I'm having her take out student loans, so she ...
How Much of my Monthly Budget Should Go to Student Loans?
Strike the right balance with a payment that makes progress on the debt without stretching your budget too thin.