Browsing: Repayment
The Department of Education processed more IDR applications in March than any month since court-ordered tracking began, cutting the pending…
Can You Change Repayment Plans While Waiting For PSLF Buyback?This question is about PSLF Buyback. Nearly 100,000 student loan borrowers…
There’s a staggering lack of financial literacy when it comes to how student loans work when paying for college.Every college…
Key PointsA court filing shows 576,609 borrowers remain stuck in a repayment plan processing backlog, down from 1.4 million in…
Key PointsThe Repayment Assistance Plan (RAP) is set to replace current income-driven repayment options for federal student loans.Monthly payments under…
Key TakeawaysFederal student loan repayment is now simplified under OBBBA into just three main options: Standard, IBR, and RAP.The right…
Key PointsA nonprofit lender, Rhode Island Student Loan Authority (RISLA), is offering income-based repayment on refinanced private student loans, a…