Browsing: loans
Key PointsWhat the bill does: Exempts state-run and state-chartered nonprofit loan programs from the Higher Education Act’s “preferred lender arrangement”…
Key PointsFederal student loans offer the most borrower protections and flexible repayment options, but there are major changes to graduate…
SoFi Technologies told federal securities regulators that its private student loans can be wiped out in bankruptcy under certain conditions,…
Senator Elizabeth Warren pressed Deputy Treasury Secretary nominee Francis Brooke at a Senate Finance Committee hearing over whether the Treasury…
Key PointsMore than 93% of private undergraduate student loans required a cosigner but a small group of lenders now approves…
Most federal student loan borrowers should NOT consolidate their student loans, and doing so could even set them back on…
Key PointsThe U.S. Department of Education finalized a rule that ties federal student aid to graduate earnings.Undergraduate programs must show…
Key PointsThe 2026–27 Parent PLUS loan carries a 9.07% fixed interest rate plus a 4.228% origination fee, which makes it…
The federal government does not have the legal authority to forgive all student loans through executive action. But in narrow…
Discover is out of the student loan business. The lender stopped accepting new applications on January 31, 2024, and in…