Browsing: Borrowers
Key PointsRoughly 7 million SAVE Plan borrowers will start receiving 90-day notices from their loan servicers starting July 1, 2026,…
Key PointsThe Urban Institute reported in March that the share of delinquent student loan borrowers also holding a mortgage nearly…
The U.S. Department of Education has started emailing borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan a…
Federal student loan defaults are growing. The New York Fed’s latest Quarterly Report on Household Debt and Credit shows roughly…
The payment pause protecting borrowers in the SAVE plan is winding down, with loan servicers set to begin notifying borrowers…
The U.S. Department of Education has started sending notices to borrowers enrolled in the SAVE Plan that they will have…
Education Secretary Linda McMahon faced sharp questioning from senators on student loan repayment, FAFSA fraud prevention, and proposed cuts across…
Federal student loan borrowers are reporting that their parents’ Parent PLUS Loans (including loans already forgiven) are now showing up…
Ten Senate Democrats led by Sen. Jeff Merkley (D-OR), Sen. Tim Kaine (D-VA), Sen. Elizabeth Warren (D-MA), and Sen. Sheldon…
Under Secretary of Education Nicholas Kent told an American Enterprise Institute audience on Thursday that federal student loan forgiveness “is…