Guide to Temporary Programs and Permanent Rules for Federal Student Loans
With some temporary federal student loans programs over, or nearly complete, borrowers have to track several different moving targets.
With some temporary federal student loans programs over, or nearly complete, borrowers have to track several different moving targets.
There is a lot to like about the proposed new IDR plan, but a closer inspection shows some room for improvement.
Borrowers have many reasons for optimism about life with student loans in 2023.
Changes in monthly IDR bills are common. Several different possibilities could explain the increase.
40,000 are about to get their remaining student loan balance forgiven, and millions more will move closer to IDR loan forgiveness.
The Department of Education is giving borrowers a ton of flexibility, which means savvy borrowers have options to save some money.
IDR plans have a ton of borrower-friendly features, including student loan forgiveness. However, they have some flaws that all borrowers should understand.
Income-Driven Repayment plans like IBR, PAYE and REPAYE are the best choice for just about every student loan borrower.
Income-driven repayment is supposed to keep monthly payments affordable for all borrowers, but IDR plans help some borrowers more than others.