Student Loan Forgiveness Is In Limbo But Could The Interest Deduction Vanish, Too?
Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction warrants close attention, too.
Increasing student loan borrowing will 'change lives'
In what could be his final act as economy minister, Conor Murphy has decided to increase the maintenance loan by 20%. The change will come into effect from September 2025 and will cost his department around £50m.
Most Student Loan Borrowers Are Overwhelmed As Repayment Plans Keep Changing
Almost 70% of federal student loan borrowers feel overwhelmed while navigating their payment options as they struggle to keep up with the confusing and ever-changing repayment landscape.
Student Loan Interest to Increase Under Republican Plan: What to Know
Republican lawmakers have proposed a change that would end halted interest payments for borrowers while in school.
$2 trillion in student loan debt is in limbo under Trump
American student loan debt is sky-high, with some estimates putting the total number over $2.19 trillion—that’s higher than all U.S. credit card and auto loan debt combined. President Joe Biden and his administration made numerous attempts to alleviate the burden of student loans,
These Student Loans Should Not Be Affected By Trump's Temporary Loans And Grants Pause
An order by President Donald Trump will freeze potentially trillions of dollars of grants and loans starting at 5 p.m. Tuesday, but most student loan borrowers will not be effected.
Some Student Loan Borrowers May See Debt Collection Stopped
Because of a recent proposed settlement with the CFPB, some private student loan borrowers may see a stop to collections efforts.
GOP Plans Would Raise Taxes On Student Loan Borrowers, Students In School
Republican lawmakers are considering a number of proposals that could effectively increase taxes on student loan borrowers and college students.
After 5 Years, Student Loan Borrowers May See Credit Scores Suffer For Missed Payments
KEY TAKEAWAYS Federal student loan borrowers could see their credit scores suffer for missed payments for the first time since the COVID-19 student loan payment pause.Late or missing payments have not been reported to credit reporting agencies and wages have not been garnished since the pandemic.
National Collegiate Student Loan trusts face legal reckoning over debt collection practices
The National Collegiate Student Loan Trusts (NCSLT) could be held accountable for questionable debt collection practices, as a lawsuit by the Consumer Financial Protection Bureau (CFPB) seeks justice for affected student loan borrowers.
Federal student loans, Pell Grants not tied up in funding pause, but will be reviewed
The Education Department said Tuesday that federal student loans and Pell Grants won't stop flowing to students amid a ...
Despite chaos over Trump White House’s funding pause, FAFSA forms and student loans still available
A temporary freeze imposed briefly this week by the White House on federal grants and loans left many students wondering ...
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Will Trump Toss Out the SAVE Student Loan Repayment Plan? Here's What Experts Say
There's been a barrage of sweeping executive orders from President Donald Trump's administration since taking office on Jan.
How To Get a Student Loan Online: A Complete Guide
Finding the best online student loan lender depends on several factors. “Students should carefully review interest rates, ...
I can afford my daughter's college tuition, but I'm having her take out student loans. I want her to be financially independent.
I saved up a college fund for my daughter, but I'm not giving her access to it. I'm having her take out student loans, so she ...
How to make principal-only payments on student loans
Making principal-only payments isn't the only way to lower your interest costs and/or pay off your loan early. You might also ...
How Much of my Monthly Budget Should Go to Student Loans?
Strike the right balance with a payment that makes progress on the debt without stretching your budget too thin.
Student loans for millions of federal borrowers won't be halted under Trump's funding freeze, the Education Department says
The Education Department said that student-loan borrowers will continue to receive aid under President Trump's temporary ...