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 ...

Sometimes, life gets in the way of making your student loan payments. Maybe you have faced an unexpected job loss that shrinks down your budget to the bare essentials. Or perhaps you are going back to ...

Federal student aid recipients are preparing for impending financial challenges following the July 4 passage of the One Big Beautiful Bill Act. The act includes provisions eliminating Grad PLUS loans, ...

That’s why deferment exists—to give borrowers who are struggling financially some time to recover, so they can avoid defaulting and eventually pay off their balance in full. But what happens when you ...

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 ...

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 ...