The Government Desperately Needs to Simplify Student Loan Repayment
Simplifying federal student loan repayment would lower the default rate, help the economy, and prevent scammers from hurting vulnerable borrowers.
Simplifying federal student loan repayment would lower the default rate, help the economy, and prevent scammers from hurting vulnerable borrowers.
The end of LIBOR means changes are coming for many student loan borrowers with variable-rate student loans.
Members of Congress are calling for President Biden to forgive up to $50,000 in federal student debt. For borrowers, the upside is obvious, but there is also a huge downside.
The student loan benefits for the 1% go far beyond collecting interest and charging outlandish tuition prices at for-profit colleges.
Even if you don’t think you will qualify for student loan forgiveness, there are still plenty of resources and strategies available to eliminate your student debt.
EICR has potential to lower monthly payments for borrowers, but early drafts leave plenty of room for improvement.
With the Covid-19 relief coming to an end, Borrowers on ICR, IBR, PAYE and REPAYE have plenty of options.
Using the right tactics, individual borrowers can have a significant impact on student loan rules.
Monthly payment calculations on income-driven repayment plans get especially complicated for borrowers living in community property states.