New Bankruptcy Rules Bring Hope to Federal Student Loan Borrowers
A new Department of Justice policy will make it significantly easier for federal borrowers to get bankruptcy relief on their student loans.
A new Department of Justice policy will make it significantly easier for federal borrowers to get bankruptcy relief on their student loans.
There is a lot to like about the proposed new IDR plan, but a closer inspection shows some room for improvement.
Many significant rule changes have happened during the Covid-19 payment and interest pause. Some of these changes have been well publicized, while others got little attention.
Borrowers have many reasons for optimism about life with student loans in 2023.
40,000 are about to get their remaining student loan balance forgiven, and millions more will move closer to IDR loan forgiveness.
Losing in the Supreme Court would be a huge blow to student loan borrowers, but it wouldn’t mean the end of loan forgiveness.
Biden’s new repayment plan promises to cut student loan payments in half, but the fine print could disappoint many borrowers.
Once again, federal student loan borrowers face an uncertain future. President Biden’s recently announced forgiveness program may not happen.
A Texas Judge has ruled the one-time student loan forgiveness program as unlawful. The decision seems shaky and is destined for an appeal.