You Searched For "income driven repayment plan" and got 20 results
Sort By:
4 mins read
Everything student-loan borrowers need to know about what will happen when payments restart this fall without broad debt relief
The Supreme Court struck down Biden's student-loan forgiveness, but payments are still resuming in …
Ayelet Sheffey
6 mins read
3 reasons I didn't go on an income-driven repayment plan to pay my student loans, even though I would have qualified
If you can't make your student loan payments or want to make them more affordable, talk to your loa…
Melanie Lockert
2 mins read
Only 32 student loan borrowers - ever - have qualified for full forgiveness through an income-driven repayment plan
Federal repayment programs were first introduced over two decades ago, but only 32 student loan bor…
Lauren Frias
2 mins read
277,000 student-loan borrowers who have 'paid what they can afford' for at least a decade are getting $7.4 billion in debt wiped out
Student-loan borrowers on the SAVE plan, along with other income-driven repayment plans and PSLF, a…
Ayelet Sheffey
5 mins read
How to apply for an income-driven repayment plan if your student loans are crushing you
Writing for Business Insider last month about why she elected to dip into her savings rather than a…
Alexis Rhiannon
2 mins read
A bipartisan pair of lawmakers wants to simplify lowering student-loan borrowers' monthly bills to avoid 'catastrophic' consequences of falling behind on payments
As student-loan borrowers continue to await Biden's new income-driven repayment plan, a new bill su…
Ayelet Sheffey
5 mins read
A student-loan worker who enrolled people in the first income-based debt-repayment plans says it was 'a bad program from the very beginning'
"We didn't even want to tell people about loan forgiveness ... because we knew how unlikely it woul…
Ayelet Sheffey
4 mins read
Meet a man with $47,000 in student debt who's been trapped in a student-loan repayment 'bureaucracy nightmare' for nearly 3 decades without the debt cancellation he was promised
Jason Harmon qualified for student-loan forgiveness 2 years ago — but his paperwork is missin…
Ayelet Sheffey
3 mins read
Student-loan borrowers with higher debt loads are more likely to get forgiveness through income-driven plans but they'll have to pay 'exorbitant interest,' report finds
Only 32 student-loan borrowers have ever had their loans forgiven through income-driven repayment p…
Ayelet Sheffey
2 mins read
A federal judge threw out a lawsuit seeking to block student-loan forgiveness for over 800,000 borrowers
A federal judge ruled the conservative groups seeking to block student-debt relief for borrowers on…
Ayelet Sheffey
2 mins read
Republican lawmakers launch an effort to block student-loan borrowers from enrolling in Biden's new plan intended to lower monthly payments
Senate and House GOP lawmakers introduced bills to block the SAVE income-driven repayment plan ahea…
Ayelet Sheffey
2 mins read
Biden's student-loan forgiveness plans are 'a Titanic heading straight for an iceberg,' a top Republican lawmaker says
"Why would students make smart financial decisions when they know Uncle Joe, or another administrat…
Ayelet Sheffey
3 mins read
Student-loan repayment is about to be 'more affordable than ever before' through a new plan that will cut monthly payments to $0 for those making under $15 an hour, Biden's Education Department says
Over 20 million student-loan borrowers are expected to benefit from the new SAVE repayment plan, wh…
Ayelet Sheffey
4 mins read
Millions of student-loan borrowers just got closer to relief, but a government report found thousands more are likely 'entitled' to forgiveness
Income-driven repayment plans are meant to make monthly payments manageable for low-income borrower…
Ayelet Sheffey
2 mins read
125,000 student-loan borrowers are getting $9 billion in debt wiped out through a series of Biden's repayment reforms
Biden approved student-debt relief for borrowers in public service, on income-driven plans, and tho…
Ayelet Sheffey
2 mins read
74,000 student-loan borrowers are getting $5 billion debt wiped out in Biden's latest batch of repayment reforms
Biden announced his administration has approved another round of student-debt relief for public ser…
Ayelet Sheffey
1 min read
If you're under 40, Biden's latest student-debt relief plan probably isn't much help
The Biden Administration said it would forgive $39 billion of student debt for about 800,000 eligib…
George Glover
2 mins read
Biden is making it easier for student-loan borrowers to repay debt based on their income when payments resume next year
Ahead of payments resuming on February 1, borrowers applying for an income-driven repayment plan no…
Ayelet Sheffey
2 mins read
Only 32 student-loan borrowers ever have qualified for full debt forgiveness under income-driven repayment. Here are 3 ways advocates say Biden could change that.
That's 32 out of 4.4 million student-loan borrowers under an income-driven repayment plan who shoul…
Ayelet Sheffey
2 mins read
Biden's proposals to lower student-loan borrowers' monthly payments are 'especially important' as broad debt relief remains blocked due to 'callous Republican opposition,' a Democratic lawmaker says
Along with Sen. Menendez, Elizabeth Warren also said the reforms "will help countless future borrow…