College students taking out loans to fund their education face the inevitable question of how much debt they’ll carry after graduation. But there’s good news for those who qualify: Direct Subsidized Loans, offered by the federal government, do not accumulate interest while you’re in school. This could save you thousands of dollars in the long…
How does the student loan payment resumption affect millions of loan borrowers amidst the lack of debt relief? Student Loan Payment Resumption Affects Millions of Loan Borrowers Following Lack of Debt Relief Provided After three years of pause due to the pandemic, the student loan payment resumption reportedly affected millions of loan borrowers as the…
Students at the University of South Carolina are split on whether or not to support Biden’s most recent attempt to cancel student debt.
Biden’s New Student Loan Forgiveness would reduce student debt and could lead almost 7,000 Arkansans to see a reduction in their student loans. Biden’s New Student Loan Forgiveness for Arkansas The Department of Education released data on numbers for student loan debtors affected by the rejection of the student loan forgiveness plan. But Biden’s…
Last Tuesday, the Biden administration took alternative steps toward Student Loan Forgiveness Debt Relief that will cancel tens of billions of dollars in student loan debt. Biden Administration begins new alternative to push the Student Loan Forgiveness Debt Relief The Department of Education held a public hearing about the Student Loan Forgiveness Debt Relief…
Since the start of the COVID-19 pandemic, the Trump administration implemented a pause on student loan payments, providing relief to borrowers. Student loan borrowers are being advised to prepare for the resumption of payments in October, which could be a challenging experience for millions of people However, this pause will end soon, and borrowers need…
The government will send checks to 37,800 student loan borrowers who were sent money to Arete Financial Group, a debt relief company, and were scammed. FTC said the debt relief company promised debt relief but instead pocketed money from clients The debt relief company promised student borrowers that they reduce or eliminate consumers’ student…
House Representative Pramila Jayapal teamed up with Senator Bernie Sanders to reintroduce a senate bill in Congress that would make students not pay tuition in public colleges and universities. Senate Bill: Bicameral College for All Act The College for All Act senate bill would remove tuition for most qualified families and make community college…
Some people’s student loan payments are simply out of this world. Acquiring A Second Job Can Help Keep Up With Student Loan Payments According to Motley Fool data, the average monthly student loan payment is $337. However, not everyone pays in that range. More than 20% of borrowers pay between $100 and $199 each month…
In a video posted on Twitter, Biden criticized Republican efforts in Congress to block his administration’s proposal, which included providing up to $10,000 in student debt relief and up to $20,000 for borrowers who received a Pell Grant. President Biden has vetoed a bill that aimed to eliminate his $400 billion student loan forgiveness plan,…