student loan

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…

The Education Department proposes to make significant modifications to one of its existing repayment programs, which may result in a reduction of federal student loan borrowers' monthly payments by at least half and debt cancellation in as…

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,…

A Wall Street Journal survey of economists seems to validate what many have long predicted for 2023, namely, that a recession will occur owing to rising interest rates. The survey conducted on Saturday revealed that 61% of economists…

Many people are still looking for ways to reduce the cost of their college education expenses as the cost of higher education has increased more than it did 20 years ago.  Experts estimate that a student enrolling in 2022 will spend…

This week, the Biden administration unveiled a new plan to drastically reduce some borrowers' monthly payments on a federal student loan. Some customers may experience a bill reduction of up to 50% if and when the updated income-driven…

If you don't make timely payments on your student loans, your Social Security benefits may be reduced. After student loan payments start to be collected again, the Center for Retirement Research at Boston College estimates that the…

The Supreme Court will hear arguments in February to determine if the Biden administration exceeded its jurisdiction with its Student Loan Forgiveness plan to remove billions of dollars in debt. Under the new scheme, approximately 26…