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Student Loan Forgiveness
Resuming repayments; suspension of student loan is likewise prohibited
When student loan repayments start up again in a few months, borrowers should be ready to wait, maybe for a very long time.
The Department of Education has lowered the income loan servicers earn for serving each borrower and the minimum…
Repaying your Student Loans? servicers warn of extended wait times and recommend early attention
Borrowers of student loans should be ready to put their payments on hold when they start in a few months, maybe for a very long time.
The Department of Education recently changed the terms of its agreements with loan servicers, which…
High Court decision paves way for $6 billion student loans program
On Thursday, the US Supreme Court upheld a lawsuit settlement that would eliminate more than $6 billion in student loans.
Many of these institutions, many of which are for-profit, claim that colleges misled them regarding academics and…
Maximizing your finances: How to save money on student loan and taxes
Millions of Americans must file taxes by April 18. 40 million student loan borrowers find repayment, forgiveness, and taxes more confusing than ever.
However, there are strategies available to many individuals that can reduce their…
Aidvantage Student loans: A step-by-step guide to end payments with Aidvantage
The Department of Education engaged Aidvantage Student Loans, a for-profit corporation, to collect federal student loan payments from Navient.
This company's contract with the Department of Education was recently terminated, and all…
Mother got his son student loans wiped out by PLUS loans program, but her own loan debt balance…
In order for Marsha Wipperman, 59, to pay for her autistic son to attend college, she obtained parent PLUS loans.
The Wipperman family's autistic son wanted to continue his education after getting his high school graduation in 2011, but…
Court approves $6 Billion in Student Loans for 200,000 borrowers: relief for those burdened by…
A federal appeals court decision issued last week brought federal student loan debtors wanting to have their debt forgiven as a result of academic dishonesty one step closer to finding relief.
Although it is unrelated to the federal…
When will student loans be due again?
According to the Biden administration, the standstill in federal student loan payments that has been in force since March 2020 may be coming to an end shortly.
Borrowers among the 45 million Americans who have student debt would almost…