Below you'll find a list of all posts that have been categorized as “News”
As part of the financial relief during the Coronavirus epidemic, interest rates on most federal student loans have been temporarily lowered to 0%. Payments have been suspended through December 31, 2020. Due to bipartisan support and the ongoing pandemic, the odds are very good that the government will extend the …
Student loan forgiveness programs like Income-Driven Repayment and Public Service Loan Forgiveness are very popular with borrowers. These programs provide an excellent lifeline to borrowers in need. However, the unintended consequences of student loan forgiveness present major concerns from a policy standpoint. This article will focus on the concerns of …
Life for student loan borrowers could be dramatically different now that Joe Biden has been elected President. Predicting what might change and what will stay the same requires a bit of guesswork, but other predictions come with a high degree of confidence. As a candidate, Joe Biden released a detailed …
Editor’s Note: This article was originally published on October 8, 2020, it has been updated to include President Trump’s support of student loan forgiveness as part of the Covid-19 relief bill. The idea of $10,000 worth of federal student loan forgiveness to combat the economic fallout from Covid-19 has been …
Google has jumped into the discussion of the student loan crisis. Today Google announced a student loan repayment program. Starting in 2021, employees will be able to get up $2,500 in matching student loan payments from Google. The announcement is excellent news for Google employees, but it could impact many …
Covid-19 has had a profound impact on many aspects of our lives. Managing student loans is no exception. The fast-changing economic conditions have had a significant influence on the student loan refinance process. Due to these changes, many borrowers may want to delay refinancing their student loans, as it could …
On Friday, March 13, President Trump announced that he was pausing student loan interest “until further notice” to help support a slumping economy. At this point, many of the details are still being worked out. The Department of Education is awaiting instructions from the White House while the nine federal …
This week the House Democrats introduced the College Affordability Act of 2019. The news may have gotten buried beneath the many other headlines out of Washington, but the significance of the College Affordability Act should not be overlooked. Even if the bill does not get through Congress, it is a …
The big dream for many student loan borrowers is that the 2020 election leads to their student debt being forgiven. With Elizabeth Warren and Bernie Sanders both supporting versions of massive student loan cancellation, it is hard not to get excited. Unfortunately, there is a major obstacle that would prevent …
The fundamental goal of the Student Loan Sherpa is to be a resource for student loan borrowers. That means providing up to date insight and guidance as the rules change and evolve. It also means reporting the latest news and developments in the world of student loans. Things get tricky …
