student loan

The Supreme Court has rejected a request to postpone the forgiveness of billions of dollars worth of student loan as part of a historic settlement agreement. The decision favors the debtors and gives the Biden administration the go-ahead…

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…

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…

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…

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…

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…

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…

When filing their federal income tax return, students and former students who have paid interest on a qualified student loan may be eligible for a tax deduction for some or all of the interest. To record the amount paid in interest, they…