Browsing Tag

student loan payments

Student Loan Payments: Should You Still Hope for Federal Aid Following Debt Ceiling Deal?

Dahlia Martyna May 30, 2023

The debt ceiling agreement concluded on Sunday by President Joe Biden and House Speaker Kevin McCarthy will reinstate student loan payments and interest accrual in late August. McCarthy stated that the halt would end within 60 days of…

Biden administration: Student loan forgiveness may soon end

Dahlia Martyna Apr 1, 2023

According to the Biden administration, the suspension of federal student loan payments that has been in place since March 2020 may soon come to an end. Depending on the outcome of a Supreme Court lawsuit about student loan forgiveness,…

Student loan borrowers: Will you have $0 balance with Biden’s new program?

Rose Feb 22, 2023

As the Supreme Court gets ready to hear oral arguments to determine the program's future next week, the story of President Biden's iconic one-time student loan forgiveness initiative is about to move on to the next stage. The US…

Will the pause on student loan payments be extended?

Dahlia Martyna Feb 9, 2023

In November of last year, the US Department of Education extended the moratorium on student loan payments, interest, and collections until June 30, 2023. However, if the courts do not reach a final decision on debt forgiveness by the…

Student loan update: What borrowers need to know and how to calculate payments?

Dahlia Martyna Jan 26, 2023

With the status of the Biden administration's expansive student loan forgiveness scheme unknown and going to the Supreme Court, New York state borrowers may have another option for relief. The 'Get On Your Feet' Loan Forgiveness Program,…

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