Student borrowers rally near the White House to tell President Biden to cancel student debt. (Paul Morigi/Getty Images) May 22, 2022 at 7:00 a.m. EDT Millions of Americans rely on the federal government to cover the cost of college. Student loans have been around for generations, but borrowing has onlyRead More →

May 19, 2022 4:33 p.m. ET Student borrowers demonstrate for debt cancellation near the White House on May 12. Photo: Paul Morigi/Getty Images Regarding Richard Shinder’s op-ed “Student Loan Relief Should Happen in Bankruptcy Court” (May 11): I propose the following adjustments: The federal government stop providing student loans. CongressRead More →

Last January, student loan company Navient was forced to forgive $1.7 billion in federal student debt as part of a federal settlement ruled by Attorney General Maura Healey. The settlement, which also required Navient to distribute $95 million in restitution to about 350,000 federal borrowers, came after a long fightRead More →

Federal student loan interest rates are expected to rise for the 2022-23 academic year, following the US Treasury Department’s 10-year note auction on Wednesday afternoon. The new rates will be 4.99% for undergraduate loans, 6.54% for direct unsubsidized graduate loans and 7.54% for PLUS loans. These rates will come intoRead More →

I really have to wonder about the individual who concluded that student debt is the result of overly lenient parents “buying for the child whatever he wants” (“Student calls for college debt relief suggest overindulgence by parents”, May 4). What kind of improvident parent would buy everything for their offspringRead More →

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Credible Market’sRead More →

To come to the student loan debate without any background is to think it’s pretty much a big giveaway for millions of borrowers. The reality is more complicated. An important part of this reality is this: under the rules, many borrowers already have the right to obtain the cancellation orRead More →

Student loan debt is a struggle felt by many graduates in America, and with rising tuition costs, more and more people are feeling the financial strain of a college education. However, this debt is not felt in the same way by each borrower. Due to systemic factors such as theRead More →

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders, all opinions are our own. Credible Market’s latest private student loan interest rates,Read More →

When you graduate from college or are not enrolled part-time, most student lenders offer a grace period. A student loan grace period is a break between when you graduate and when you need to start repaying your student loans. A grace period allows you to start building an income inRead More →

SPRINGFIELD, Mo. (KY3) — With student loan repayments on hold until the end of August, this has opened doors for scammers. People may not know when or what to pay. This confusion is what scammers seek to take advantage of. Emily Stout was the victim of one of these studentRead More →

Personal Finance Insider writes about products, strategies, and advice to help you make smart decisions with your money. We may receive a small commission from our partners, such as American Express, but our reports and recommendations are always independent and objective. Terms apply to offers listed on this page. ReadRead More →

The student loan crisis is a hot topic of conversation in Washington as student debt is felt by many of us, 45 million of us to be exact, totaling $1.6 trillion in debt. We often break our pink piggy bank that says student loan on it, in an effort toRead More →

President Joe Biden (Photo by Chip Somodevilla/Getty Images) Getty Images President Joe Biden has extended student loan relief for the 4th time. Let’s answer your main questions. Here’s what you need to know. Student loans Now that Biden has extended the student loan payment break, you might be wondering whatRead More →

DRAPER, Utah, April 5, 2022 /PRNewswire/ — Nelnet Bank, an online bank providing student loan products for students and families, today announced the latest addition to its product line: Nelnet Bank Private Student Loans. Launched to offer students a new, flexible option to meet their financing needs, the loans willRead More →

There are many different programs to help student borrowers pay off debt faster, but aside from student loan forgiveness programs, student loan repayment assistance programs can be the most effective. These programs, offered by government agencies and private employers, can provide hundreds or even thousands of dollars in assistance toRead More →

(QUEEN CITY NEWS) – Congresswoman Madison Cawthorn has weighed in on student loan forgiveness and said borrowers should pay off their debt. Cawthorn appeared on Real America’s Voice last month and commented on President Biden’s campaign promise to forgive student loans. “I believe in personal responsibility. If you sign theRead More →

Today, the Consumer Financial Protection Bureau (CFPB) sanctioned Edfinancial for misleading student borrowers about their eligibility for public service loan forgiveness and the steps they could have taken to obtain forgiveness of the loan. In 2008, President George W. Bush signed legislation that established the Public Service Loan Forgiveness ProgramRead More →

Student loan repayments have been suspended since March 2020. Graduates who paid off their loans during the break can get a refund. These approaching deadlines could have an impact on your money How can I get a refund? Student loan payments and accrued interest have been halted for more thanRead More →

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Paying offRead More →

NEW YORK – March 25, 2022 – ( Newswire.com ) iQuanti: Inflation may seem abstract, but it has a significant impact on almost everyone, regardless of their financial situation. Although inflation usually happens year-on-year in the background, particularly high inflation has been in the news recently, and it can beRead More →

Treasury receipts from graduates pay for tax breaks that disproportionately benefit older generations, economists warn who say the Chancellor’s spring statement could exacerbate intergenerational inequality. Rishi Sunak, Chancellor of the Exchequer, said on Wednesday he would give taxpayers hit by the cost of living crisis a boost, by raising theRead More →

Will federal student loans for college be forgiven? Are Federal Student Loans Worth It? There has been a lot of news about student debt. Let’s discuss some of the myths and facts about student debt, federal loans, and the current state of loan forgiveness. California ranks lower, nationally, for studentRead More →

PROVIDENCE — Sen. Sheldon Whitehouse on Wednesday introduced a bill that would forgive student loan debt for frontline healthcare workers and teachers across the country. The Teacher Loan Forgiveness Enhancement Act would provide $30,000 in relief instead of $17,500 for “highly qualified” teachers as defined by the Department of Education.Read More →

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders, all opinions are our own. The latest student loan refinance interest rate trendsRead More →

Reggie Harris never thought he would sing the student loan blues at this point in his life. But that’s where the award-winning musician found himself after agreeing to co-sign a college loan for his nephew. “I’m struggling with this loan that isn’t mine, and as a musician I have otherRead More →

The Biden administration has identified 100,000 borrowers who are now eligible for $6.2 billion in debt relief under a popular student loan forgiveness program. (iStock) The Department of Education confirmed on Wednesday that 100,000 borrowers are now eligible for $6.2 billion in student loan forgiveness under a program benefiting publicRead More →