7 major student loan changes taking effect Jul. 1
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When the Biden administration announced its student loan forgiveness plan in August, it was an unprecedented move to help alleviate the $1.6 trillion worth of debt that borrowers hold. However, the forgiveness plan now faces multiple legal challenges and leaves borrowers wondering what will happen next.
A new Trump administration rule could restrict relief under the Public Service Loan Forgiveness program beginning in July.
After being told for years to consolidate federal student loans, we are now entering a period during which federal student loan consolidation may be a very big mistake.
Biden's student-loan forgiveness plan could have a slightly negative impact on your credit score if it eliminates your education debt completely.
Starting this year, borrowers who get their federal student loans forgiven could face big tax bills. The new rule will apply to those in income-driven repayment plans, which limit monthly payments to a portion of borrowers’ income and typically result ...
A federal court is set to consider arguments on a new rule that would give the Education Department the power to cut off certain groups from student loan forgiveness.
A new bill introduced in Congress aims to make it significantly easier for teachers to qualify for student loan forgiveness.
Americans owe a collective $1.51 trillion in student loans, so it’s no surprise that student debt has entered the national conversation, with some presidential candidates calling for a blanket forgiveness of all federal student loans. To find out what ...
This article was first published on NerdWallet.com. For some of the 44 million U.S. student loan borrowers, the Public Service Loan Forgiveness Program is an incentive to pursue generally low-paying careers like teaching, firefighting and nonprofit work ...