Huge Changes For Student Loan Repayment Begin In 5 Days For 30 Million Borrowers
Millions of student loan borrowers are now just a few days away from facing some of the most significant changes to the repayment system in years.
The Student Loan ‘On-Ramp Period’ Is Ending. How It Will Affect You
T he “on-ramp” repayment plan—a buffer given to student loan borrowers as post-pandemic payment pauses resumed last fall— will end on Monday, Sept. 30; and once again, borrowers will be subject to consequences for late or non-payment. The move comes as the Biden Administration’s broader student relief efforts remain ensnared in legal challenges.
CFPB says 2024 federal student loan interest rates will cost borrowers
On September 13, the CFPB published a blog post stating that higher student loan interest rates could cost students over $3 billion in the
Student Loan Borrowers Will Lose Two Debt Relief Programs in Just Days
Two COVID-era relief programs will end on September 30, and many borrowers must take immediate action before that date.
Student loan repayment on-ramp ends, and other student loan news
In other student loan news, a judge extended the restraining order on Biden’s newest student debt forgiveness plan, further diminishing hopes for sweeping forgiveness. However, the Fed brought hope for borrowers when it cut the federal funds rate by 0.
When Do You Have to Start Paying Student Loans? A Borrower’s Guide to Repayment
Renee Fleck is a student loans editor with over five years of experience in digital content editing. Her work has been featured in Fast Company, Morning Brew, and Sidebar.io, among other online publications.
Student Loan Repayment Options: Which One Is Best?
Your student loan payment options vary widely depending on whether you have federal or private loans. Find out what's available and how to decide.
These student loan protections end this month
A pair of programs designed to help student loan borrowers struggling with their payments will end on Sept. 30, with major ...
Older adults face crushing student loan debt need help from the federal government
In Illinois alone, there are about 97,000 older adults with student loans totaling $4.66 billion, an average of almost ...
Private student loan interest rates rise for 5-year terms and dip for 10-year terms
For 10-year fixed private student loans, interest rates dropped by 0.58 percentage points, while 5-year variable student loan ...
These student loan grace periods end this month. Are you prepared?
The Biden administration is set to end its 12-month grace period for student loan borrowers and a separate program to lift ...
Two major student loan forgiveness programs end September 30th
A significant deadline is approaching for millions of student loan borrowers across the country. Two major student loan ...
Rolling Out1d
Key student loan forgiveness programs are set to end sept. 30
The U.S. Department of Education's Fresh Start program is a crucial initiative aimed at assisting borrowers who are ...
Key Student Loan Dates And Deadlines For The Remainder Of 2024
Even with pending litigation impacting student loan borrowers, there are some key dates that may require action very soon.
5 ways to lower your grad school student loan bill
If you’re earning a decent income and have a credit score at least in the high 600s, refinancing could get you a lower ...