Student loan borrowers need to monitor their debts while the Biden administration introduces additional relief options.
Tags: Student loan
Student Loan Guide: Essential Insights for First-Time Borrowers
This guide provides essential information and tips for new borrowers to understand how student loans work and navigate the borrowing process effectively.
Student Loan Repayments Set to Decrease as Appeals Court Backs Biden's Plan
A federal appeals court has permitted the US Education Department to implement a plan reducing monthly student loan payments.
Biden's Student Loan Forgiveness Plan Dealt Setback by Federal Judges Blocking $160 Billion Measure
Two federal judges have blocked key components of President Biden's $160 billion student loan forgiveness plan, dealing a significant setback to the administration's efforts to relieve millions of borrowers.
Student Loan Payments Set to Halve for SAVE Plan Participants Starting July
Starting in July, borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan will see their monthly student loan payments reduced from 10% to 5% of their income.
Latest News
President Joe Biden announced the cancellation of $7.7 billion in student debt for over 160,000 borrowers through income-driven repayment plans.
The Biden administration has extended a vital deadline for student loan borrowers seeking debt relief, pushing the deadline for loan consolidation to June 30.
The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will reach its highest rate in over a decade.
Student loan forgiveness depends on employment eligibility, especially for nonprofit or government workers eligible for Public Service Loan Forgiveness (PSLF).
According to a recent report, the Biden administration has announced the cancellation of 10% of all student debt in its latest round of actions.
Some student loan borrowers may be eligible for a one-time debt cancellation or credit, but they must act before Tuesday.
The Biden administration has announced its official plans to address the issue of ballooning interest and alleviate the burden of student loan debt for borrowers.
US President Joe Biden has made a significant announcement, revealing his decision to cancel $7.4 billion in student loan debt for over 277,000 individuals.
President Joe Biden was slammed online after he bragged that the Supreme Court could not stop him from canceling student loan debt.
