After a three-and-a-half-year redemption, interest began accruing on federal student loans again last Friday, marking the official end to pandemic relief for about 43 million borrowers. The first student loan payments will be due next month. Here are three steps you can take now to ensure the process of your student loan payments is…
A webinar for loan repayment options aimed to provide more information about federal student loans and available debt relief for University of California students. University of California Webinar Provides Students with More Information About Federal Student Loans and Loan Repayment Options The University of California webinar provided students with more information about federal student loans,…
Here’s how filing student loan bankruptcy can clear student debts. Filing Student Loan Bankruptcy is Difficult, but Possible to Help in Clearing Student Debts Filing a student loan bankruptcy is difficult, but it is not impossible to help in clearing student debts, wherein filing a student loan bankruptcy will aim to discharge the student debts…
Under the Biden administration’s $39 billion debt relief plan, more than 19,000 Hoosiers who borrowed federal student loans will have their remaining debt forgiven. This is supported by the new US Department of Education data, which revealed the number of borrowers who qualified for automatic loan relief and was made public on Tuesday. The change is part of a…
The Biden administration announced on Friday that more than 800,000 borrowers with $39 billion in federal student loans would have their debt erased. The Department of Education said it will begin notifying borrowers today about the automatic discharge of their debt, which will take place in the coming weeks. The debt relief comes just two…
President Joe Biden’s pledge to forgive up to $20,000 of each borrower’s federal student loan debt may soon expire if the United States. The Supreme Court will, as anticipated, reject the proposal this month. If the idea is turned down, many borrowers might be forced to file for bankruptcy, claims at least one legal professional….
Starting this fall, college-bound students will face higher interest rates on their federal student loans. The interest rates on federal student loans have reached their highest level in the past ten years According to the Federal Student Aid Office of the Education Department, undergraduate students with new direct federal loans will be subject to an…