Defaulted student loan borrowers catch a break
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Watchdog slams Trump's 'beyond ridiculous' student loan payment freeze
President Donald Trump's latest move on student loans pauses some of the harshest collection tools just as younger voters are voicing anger over affordability. A prominent watchdog has branded the maneuver "beyond ridiculous,
More than seven million borrowers may soon see student loan payments skyrocket as the Education Department implements a settlement agreement that ends the SAVE plan.
Recent data shows that 44.7 million Americans carry $1.71 trillion in total U.S. student loan debt. For the time being, payments on those loans can wait, and interest will not accrue. On Jan. 20, the White House posted the following statement: “At the ...
Big changes are coming for student loan borrowers in the new year, especially for those who have fallen behind on payments. One major change arrives in January, when the federal government will resume student loan collections, including wage garnishment ...
WASHINGTON, DC - FEBRUARY 28: People rally in support of student loan forgiveness in front of the the U.S. Supreme Court on February 28, 2023 in Washington, DC. (Photo by Drew Angerer/Getty Images) Borrowers are reporting that student loan forgiveness ...
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Student-loan borrowers who make enough payments could get debt relief — and a big tax bill this year
A provision that made student-loan forgiveness tax-free is expiring in 2026. It could put borrowers on the hook for thousands of dollars in taxes.
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