Browsing: Borrowers
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…
The Department of Education processed more IDR applications in March than any month since court-ordered tracking began, cutting the pending…
Key PointsA court filing shows 576,609 borrowers remain stuck in a repayment plan processing backlog, down from 1.4 million in…
Exterior view of the United States Court of Appeals, Ninth Circuit Key PointsThe Ninth Circuit Court of Appeals heard arguments…