Browsing: Borrowers
New Bill Would Use IRS Data To Automatically Put Struggling Student Loan Borrowers Into Low Payments
Key Points The SIMPLE Act (H.R. 10220) would require the Department of Education to notify federal borrowers who are 31…
Key Points Nine Senate Democrats, led by Elizabeth Warren and Jeff Merkley, are demanding MOHELA explain false delinquency notices sent…
Student loan borrowers are reporting a wave of notifications inside their StudentAid.gov accounts warning that their Public Service Loan Forgiveness…
Key PointsBorrowers who reach 120 qualifying payments under PSLF may see a green banner on StudentAid.gov confirming they’ve met program…
Key PointsStudent loan balances fell $7 billion in Q2 2026 to $1.65 trillion, one of only two debt categories to…
Key PointsThe four borrowers behind the last lawsuit challenging the SAVE plan shutdown filed their response on August 7, 2026.…
“PSLF Qualifying Months of Employment Incorrect,” reads a new banner message on borrowers’ account dashboards at StudentAid.gov. “The number for…
Student loan borrowers serviced by MOHELA spent this weekend staring at delinquency notices they say should not exist. Accounts that…
Key PointsPublic Service Loan Forgiveness (PSLF) remains one of the most misunderstood federal student loan programs, and errors can derail…
Key PointsBorrowers who expected forgiveness or another pause extension reduced their loan payments by $40 per month on average.Those same…