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Explícame on MSNTrump transfers student loan Program to SBA; Experts warn of potential risksIn a surprising move, the Trump administration announced the transfer of the federal student loan program from the Department ...
The plan comes amid escalating concerns about loan defaults, with more than 9 million Americans behind on their payments ...
Borrowers can apply for income-driven repayment plans again, but servicers aren’t yet permitted to process these applications ...
Student loans are coming due, but they are not necessarily getting paid. Missed and late payments are surging to record ...
There are 8 million federal student loan borrowers waiting for the courts to decide if their repayment plan is legal, and another 9 million are late on payments.
Federal student loan borrowers should start repaying their loans so as not to affect their credit scores. A pause on credit ...
Legal experts assert that borrowers cannot sue for loan forgiveness based on FERPA, as only the Department of Education has ...
The White House wants to end the federal education agency, but you should still fill out FAFSA now if you want financial aid ...
The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...
Don’t trust videos saying you can erase your student loans by filing a student privacy law complaint
People can get student debt “erased” by filing Family Educational Rights and Privacy Act complaints because the Department of Government Efficiency accessed federal student loan databases.
Dismantling Department of Education could cause chaos for Americans with student loans, experts warn
That could lead to confusion for current and future student borrowers seeking information about loan payments and other servicing issues, duties now handled by the Education Department.
The path for current student loans is uncertain, but forgiveness options look even less likely for future borrowers.
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