Wondering which is better -- short-term vs. long-term loans? Compare pros, cons and when to choose one over the other.

Key Points ・The Repayment Assistance Plan (RAP) is proposed to replace current income-driven repayment options for federal ...

Students who borrow federal loans for their education could be in repayment for up to 30 years under the House Republicans’ ...

Standard Repayment Plan: Fixed monthly payments over a term ranging from 10 to 25 years, depending on the borrower's loan balance. Repayment Assistance Plan (RAP): An income-driven plan with ...

The Republican proposal includes eliminating previous income-contingent loan repayment options and replacing ... Support NPR and hear every episode of Trump's Terms sponsor-free with NPR+.

The GOP proposal would reduce the number of existing income-driven repayment plans for new federal student loan borrowers to ... would be expanded for short-term workforce training programs.

The department has not collected on defaulted loans since March 2020. The pause began during President Donald Trump’s first term due to ... of default or resume repayment.

As the department navigates these legal and administrative challenges, borrowers are encouraged to stay informed about their repayment options and maintain communication with their loan servicer.

MPPK also supports the proposal to revise PTPTN repayment terms, hoping that more flexible and progressive options will benefit students in the long run and gradually improve repayment ...

Sens. Jeff Merkley and Tim Kaine introduced a bill to revive the SAVE student-loan repayment plan. The plan was introduced by Biden to give borrowers cheaper monthly payments and quicker debt relief.

The U.S. Education Department on Wednesday reopened online applications for income-driven repayment plans for student loan borrowers. They were taken down in response to a court ruling ...