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.
'Loud budgeting' goes viral: What to know about this hot money trend
Members of Gen Z are coming to grips with the high costs of goods today — and want to be more authentic about what they can afford. Experts weigh in on the "loud budgeting" money trend.
Biden bails out 74K student loan borrowers with $5B in canceled debt
The Biden administration announced that an additional 74,000 student loan borrowers will have as much as $5 billion of debt canceled in his latest executive action.
Biden just shortened the timeline to student loan forgiveness for these borrowers
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
Private student loan interest rates trend downward for 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Some student loan borrowers refusing to pay out of protest
Some student loan borrowers who have not yet resumed paying back their loans admit they are holding off in protest, hoping to pressure the federal government into forgiving their debts.
Restarted student loan repayments resurrect $2,500 interest tax deduction
Student loan payments are off to a difficult start, but the interest tax deduction can help you when you file your taxes.
Biden announces plan to bail out students for loan debts under $12K
Student borrowers enrolled in the Saving on Valuable Education (SAVE) plan will have their remaining debts canceled next month as part of a plan announced by President Biden on Friday.
Private student loan interest rates trend upward for 5- and 10-year loan terms
The latest private student loan interest rates from the Credible marketplace, updated weekly.
New FAFSA reveal comes with complications, delays
The Department of Education began its soft launch of the overhauled 2024-25 Free Application for Federal Student Aid (FAFSA). The 2024-2025 FAFSA form expands eligibility for federal student aid, including Pell Grants, and provides a streamlined user experience.
$44.5 million in federal funding going toward rural communities to improve higher education access
Due to fewer students in rural communities attending college, the Biden-Harris administration plans to send $44.5 million in funding to 22 rural institutions.
Biden renews 'keep going' call on college debt handouts
President Joe Biden reiterated on Tuesday that he and his administration wanted to "keep going" on canceling federal student loan debt. He has made similar comments in the past.
These are the 5 states with the highest and lowest student loan debt balances
The most populated states in the country tend to have the highest student loan balances, while the least populated tend to have the lowest balances.
Student loan borrowers struggle to keep up with monthly payments: study
Student loans have become a burden for many borrowers, post-pandemic. Sixty percent of federal loan borrowers who had payments due in October didn’t make payments until mid-November, according to the Department of Education.
Private student loan interest rates edge down for 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Millions of student loan borrowers still aren't paying their bills
Millions of student loan borrowers are still not making payments on their debt, according to a new report published by the U.S. Department of Education.