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Browsing: Repayment
Key PointsFederal Direct subsidized and unsubsidized loans come with a six-month grace period after graduation. Medical and dental residents can pause…
Key PointsDepartment of Education is increasing its direct monitoring of student loan servicersMore accountability on companies via withholding of paymentsStudent…
Key PointsNew RAP and Tiered Standard Repayment Plan are now live on the online StudentAid IDR ApplicationPaper application is still…
Is wage garnishment ever better than repayment for federal student loans?This question is about wage garnishment for student loan debt.…
The payment pause protecting borrowers in the SAVE plan is winding down, with loan servicers set to begin notifying borrowers…
Key PointsThe final rule caps annual graduate borrowing at $20,500 and professional-student borrowing at $50,000, while also capping Parent PLUS…
Under Secretary of Education Nicholas Kent told an American Enterprise Institute audience on Thursday that federal student loan forgiveness “is…
Key PointsThe Repayment Assistance Plan (RAP) is the newest income-driven repayment plan, and will be the only IDR option for…
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…