Student loans

Progressive Caucus pressures Biden for executive action on student loans and immigration

The Congressional Progressive Caucus (CPC) is renewing its efforts to President BidenJoe Biden Irish Prime Minister tests positive for COVID-19 during visit to DC CNN anchor breaks down speaking to Ukrainian father whose family was killed Graham presents resolution urging Biden to help send jets in Ukraine MORE to use his pen of executive order […]

Student rates

Should you rush to refinance your student loans? (To analyse)

By Cecilia Clark | NerdWallet Even with federal student loan forbearance and talk of forgiveness prospects, student loan interest rates still matter — and nothing underscores that point better than the likelihood of them rising soon. Private student borrowers, whose payments are not suspended and who will not benefit from any federal cancellations, may be […]

Student record

Should you rush to refinance your student loans? |

Even with federal student loan forbearance and talk of forgiveness prospects, student loan interest rates still matter — and nothing underscores that point better than the likelihood of them rising soon. Private student borrowers, whose payments are not suspended and who will not benefit from any federal cancellations, may be wondering if now is their […]

Student loans

I graduated from college at 40, but defaulted on my student loans. How can I treat?

How to get out of student loan debt Getty Images/iStockphoto Question: I’m about to turn 65 and eligible for Medicare. I have a bachelor’s degree in corporate and organizational communication and an associate’s degree in marketing and sales technology. I was 40 when I graduated. My younger classmates got great jobs. I went bankrupt and […]

Student management

Central Michigan University partners with iGrad to provide personalized financial literacy platform for students

San Diego, California, March 15, 2022 — (PR.com) — iGrad has partnered with Central Michigan University to provide its personalized, interactive, online, and mobile student financial wellness platform to nearly 15 000 public university undergraduate and graduate students, faculty, staff, and alumni. iGrad’s platform at CMU includes comprehensive personalized and interactive information on everything from […]

Student loans

Explosive Report Claims This Student Loan Service Deceived Student Loan Borrowers

President Joe Biden (Photo by Samuel Corum-Pool/Getty Images) Getty Images A bombshell new report claims this student company misled student borrowers. Here’s what you need to know and what it means for your student loans. Student loans A new report published by the Communications Workers of America (CWA) and the Student Borrower Protection Center (SBPC) […]

Student loans

With interest rates about to rise, is it time to refinance your student loans?

Catherine Lane/Getty Images When you take out a student loan, you agree to a specific interest rate and repayment schedule. But what are your options when other lenders offer better deals than your current loan or your monthly payment gets too high? Refinancing student loans can be the solution to high interest rates. When you […]

Student loans

Student Loan Cancellation Doesn’t Mean What You Think It Means

President Joe Biden (Photo by Jim WATSON/AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images Canceling a student loan doesn’t mean what you think it means. Here’s what you need to know. Student loans Will President Joe Biden Forgive Your Student Loans? White House Chief of Staff Ron Klain said Biden could […]

Student management

Fintechs clamor to provide relief options for student borrowers – TechCrunch

Since March 2020, student borrowers have not had to make federal student loan repayments. These payments are expected to resume from May 1, 2022, which will undoubtedly cause stress for borrowers. President Biden may consider extending temporary student loan relief beyond that date, but nothing is official yet. On March 9, Biden said he would […]

Student record

This is the average student loan debt in each state

item New data from the Institute for College Access & Success shows where the Class of 2020 has the highest student loan balances. (Stock) A college degree gives graduates the chance to get higher-paying jobs in specialized fields, but it can come with a hefty price tag that leaves many Americans with crippling student loan […]

Student loans

30,000 borrowers will have their student loans canceled

Thousands more people could soon see their student loan balances wiped out as the Biden administration works to identify borrowers eligible for the Public Service Student Loan Forgiveness. It is the latest effort by the Department of Education to relieve borrowers burdened with billions of dollars in student loan debt. The number of student borrowers […]

Student record

93% of student borrowers not ready to start payments again in May

item Student loan repayments resume in May, but a new survey suggests the vast majority of borrowers are not financially prepared. (Stock) Federal student loan repayments resume May 1 after more than two years of COVID-19 emergency forbearance. However, 93% of student borrowers are not ready to resume their payments, according to a February survey […]

Student rates

Survey: 93% of student borrowers not ready to start payments again in May

Student loan repayments resume in May, but a new survey suggests the vast majority of borrowers are not financially prepared. (iStock) Federal student loan repayments resume May 1 after more than two years of COVID-19 emergency forbearance. However, 93% of student borrowers are not ready to resume their payments, according to a February survey conducted […]

Student loans

5 Ways to Get $0 Student Loan Payments

Getty Getty Here are 5 ways to get $0 student loan repayments. Here’s what you need to know. Student loans With student loan payments set to resume after May 1, 2022, President Joe Biden may extend the student loan payment pause for an unprecedented fourth time. If that doesn’t happen, however, The Debt Collective – […]

Student loans

Do you have student debt, but no diploma? Are you in default? Tell us: NPR

More than 41 million people have outstanding federal student loans, totaling more than $1.5 trillion. But not all borrowers have the same experience with their debt. To begin with, more than a third of borrowers have an outstanding balance of $10,000 or less. Second, about 20% of borrowers are in default – is when you […]

Student loans

Here’s what you need to know before taking out a student loan

A TAMU-CC student discovered how quickly student loan debt can escalate, even before repayment begins. CORPUS CHRISTI, Texas — As college application deadlines approach, high school students face the difficult decision of how they pay for college. While some students may choose not to attend college, a confusing decision is left to those who do […]

Student management

The 9 fastest ways to pay off student loans, according to experts

mapodile/Getty Images Your student loans can eat up a big chunk of your budget each month, especially when you’re starting out on your own, making it that much harder to save for a home, build up your retirement savings, and pursue other financial goals. It’s also not uncommon to still be saddled with student loan […]

Student loans

Biden could extend student loan suspension and plans to forgo loans, White House official says

WASHINGTON, DC – MARCH 03: US President Joe Biden speaks at an event in the East Room of the … [+] White House on March 03, 2022 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images A senior White House official suggested this week that President Biden is considering a further extension of the […]

Student record

Who is my student loan agent?

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Wondering who your student loan manager is? […]

Student loans

Virginia AG Miyares gets student debt relief from former for-profit college

WASHINGTON, DC (WRIC) – Virginia Attorney General Jason Miyares, along with attorneys general from 9 other states, have finalized an agreement to forgive the debt of students who attended a fraudulent for-profit university that filed for bankruptcy. in 2019. Argosy University was a struggling for-profit educational institution with campuses in several states, including one in […]

Student management

Women and Student Loan Debt by the Numbers: Why It Matters to Experts

subjug/iStock.com There is a direct correlation between higher education and higher salaries; but, for millions of Americans, the dream of college is only attainable through the nightmare of student debt. The country’s 45 million student borrowers collectively owe $1.7 trillion, according to Forbes. For women, the financial burden of education is particularly high. Related: 2 […]

Student loans

New Year Brings Tax Breaks for Student Borrowers |

A trio of tax breaks for students and their families took effect at the start of the new year. The programs, enacted under a bill signed into law last year, allow New Jersey residents with annual household incomes of $200,000 or less to deduct up to $22,500 from their utility bills. income tax. “There’s been […]

Student record

Economic Trauma of Generation Y: Recession, Student Debt, Inflation

Millennials have been carrying economic baggage since the Great Recession. While some are doing well financially, others have faced a host of challenges. Student debt, the housing crisis and now inflation are just a few of their economic problems. Millennials just can’t take a break. The generation, made up of people aged 26 to 41 […]

Student record

These 2.4 million borrowers may not qualify for student loan forgiveness

Americans with private student debt would not qualify for the sweeping federal loan forgiveness proposed by prominent Democrats. (iStock) Total student debt outstanding continues to climb as many borrowers do not have access to debt relief programs, such as student loan forgiveness. But even if President Joe Biden is able to deliver on his campaign […]

Student loans

My mother co-signed student loans for my now disabled sister. How can we pay them back?

How to get out of student loan debt. Getty Images/iStockphoto Question: My mother co-signed my sister’s student loan for her online school, but life got in the way of my sister and due to her mental health (she is now considered totally disabled) she was unable to make her payments. Then the student loan company […]

Student loans

President Coughlin touts New Jersey College Affordability Act tax savings for students and working families effective for 2022

President Coughlin touts New Jersey College Affordability Act tax savings for students and working families effective for 2022 (TRENTON) – New Jersey has worked hard to prioritize access to higher education for New Jersey students, knowing the importance of college opportunities for people of all ages and backgrounds, the economy and the future of the […]

Student rates

Biden administration writes off another $415 million student loan debt: Are you eligible?

Nearly 16,000 borrowers will receive $415 million in student loan forgiveness after the Department of Education approved a series of Borrower Defense Applications on February 16. (iStock) If you borrowed federal student loans to attend a college that engaged in misconduct, you may be eligible for full debt forgiveness under the Borrower Defense Program until […]

Student management

Splash Financial sees record growth as consumer demand for student loan refinance increases

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. Cleveland, Feb. 23 2022 (GLOBE NEWSWIRE) — Splash Financial (Splash), the online lending platform that democratizes access to better student loan deals, today announced a record-breaking 2021 and new lending partners added to its student loan pricing engine and automated lending platform. […]

Student management

Splash Financial Sees Record Growth As Consumer Demand For Student Loan Refinance Surges | News

Cleveland, Feb. 23 2022 (GLOBE NEWSWIRE) — Splash Financial (Splash), the online lending platform that democratizes access to better student loan deals, today announced a record-breaking 2021 and new lending partners added to its student loan pricing engine and automated lending platform. With financial uncertainty caused by the pandemic and interest rates at historic lows, […]

Student loans

Biden’s student loan forgiveness now tops $16 billion after fresh wave of approvals

WASHINGTON, DC – February 15: US President Joe Biden delivers remarks in the East Room of the … [+] White House on February 15, 2022 in Washington, DC. (Photo by Alex Wong/Getty Images) Getty Images The Biden administration has now approved at least $16 billion in student loan forgiveness, according to the Department of Education, […]

Student loans

Department of Education writes off $415 million in student loan debt for 16,000 borrowers

What is the Civil Service Loan Cancellation Program? The civil service loan forgiveness scheme started in 2007 as a reward for students entering the civil service, but has been criticized for its complex requirements in the past. The Ministry of Education announced this week that it would write off $415 million at the federal level […]

Student record

Sanders calls for cancellation of all student debt after Biden cuts $415 million

After the Biden administration canceled $415 million in student debt for victims of for-profit colleges, Sen. Bernie Sanders (I-Vermont) called for the cancellation of all student debt, a move that could relieve tens of millions of borrowers of what is often a huge financial burden. Wednesday, the Ministry of Education announced that he was canceling […]

Student rates

31% of large companies plan to offer student loan assistance in the next 2 years, data shows

Nearly a third of large companies plan to offer student loan assistance programs in the next two years, according to a new study. (iStock) In order to attract loyal workers in today’s job market, some employers have started offering student loan assistance programs. Recent research from the Employee Benefits Research Institute (EBRI) showed that about […]