Key Points ・Deferment lets borrowers pause federal student loan payments during hardship or unemployment, often without interest on subsidized loans. ・Current deferment options (like economic hardship ...
The Biden administration just announced another wave of student loan forgiveness. Find out which three groups of borrowers ...
Eligible student loan borrowers can have their debt canceled under some plans including income-driven repayment programs. The Education Department sent emails to eligible borrowers about their options ...
(NerdWallet) – Student loan borrowers face a new status quo after Congress and President Donald Trump signed off on a massive budget reconciliation agreement earlier this month — the so-called “one ...
There’s been a sharp uptick in the number of student loan borrowers hitting the pause button on their monthly bills. The U.S. Department of Education offers two primary ways to postpone your payments ...
The changes are significant, but not immediate. Most will go into effect from July 1, 2026, to July 1, 2028, including: Big cuts to federal loans for grad students and parents. A new repayment plan ...
“Private student loan access is by no means guaranteed, and even if a student can access private student loans, the interest rate may be quite a bit higher than the interest rate for federal student ...