Swing state residents reap benefits of Biden student loan handout
President Biden canceled more than $200 million in student loan debt across six swing states that are key to his re-election effort ahead of November.
Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE
The first batch of student debt cancellations under the SAVE plan is underway as President Joe Biden announced $1.2 billion in student loan forgiveness six months ahead of schedule.
Biden admin's botched financial aid rollout under investigation by watchdog
The Biden administration's botched roll out of the new financial aid application system for students and their families has resulted in colleges pushing back admissions deadlines.
Student loan borrowers facing financial hardship may qualify for Biden’s new round of debt relief
Student loan borrowers dealing with serious financial hardship may qualify for Biden's new round of student loan forgiveness.
Private student loan interest rates trend back down for 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Biden cancels $1.2 billion in student debt six months ahead of schedule
President Biden has unilaterally canceled an additional $1.2 billion in student debt for nearly 153,000 borrowers, the White House announced Wednesday.
Some student loan borrowers are boycotting payments, but the risk is high: survey
Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.
US Department of Education supports colleges and students amid FAFSA delays
The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.
More student loan forgiveness is on the horizon, as U.S. colleges commit to cost transparency
Over 360 colleges have committed to being more transparent about their costs, while the U.S. Department of Education offers more loan forgiveness.
Private student loan interest rates spike for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Missed student loan payments set to affect credit scores again by the end of 2024: Here’s how to prepare
Borrowers who miss student loan payments will see repercussions again by September, thankfully there are forgiveness options.
Student loan payments may be to blame for a spike in credit card delinquencies
New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.
FAFSA inflation fix scheduled for mid-March, delays award notification until spring
The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.
Borrowers meet challenges as student loans resume and servicers struggle to handle new payments
The Biden-Harris administration is withholding payments from services characterized by long wait times and inaccurate loan bills.
Private student loan interest rates plummet for 5-and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
New student loan laws can help borrowers manage better in 2024
From helping student loan borrowers pay off debt and save for retirement to complete forgiveness, 2024 brings some hope for borrowers.
Education Department plans inflation fix for new FAFSA
Families must wait longer to see how much student aid they are awarded for the upcoming college spring semester via FAFSA.
Student loan boycotts can't stand. Here's how we make them pay up
Borrowers' current strategy involves a literal "boycott" of repayments, a concerted effort to compel the federal government to annul federal student loan debt.
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
Read this before you sign up for a college credit card
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.