Browsing: Borrowers
“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…
Key PointsUnder Secretary of Education Nicholas Kent said nearly 46,000 borrowers submitted applications to enroll in the new Repayment Assistance…
Federal student loan servicers have begun emailing the more than 7 million borrowers still enrolled in the SAVE plan, telling…
New Repayment Plans, Borrowing Caps, and Higher Rates The biggest overhaul of federal student loans in a generation takes effect…
Key PointsNew RAP and Tiered Standard Repayment Plan are now live on the online StudentAid IDR ApplicationPaper application is still…
Four borrowers want a judge to stop the July transition of millions of loans out of SAVE. History suggests the timeline won’t budge.…
Student loan servicers have started placing automated phone calls to SAVE borrowers, warning them that their loans will reenter repayment…