You Searched For "Repayment period" and got 20 results
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3 mins read
Student-loan borrowers keep getting more signals of a rocky repayment road ahead
A recent GAO report found just over half of student-loan borrowers are current on payments. Changes…
Ayelet Sheffey
1 min read
The Supreme Court declined to allow cheaper student-loan payments for 8 million borrowers through Biden's new repayment plan
The Supreme Court said a lower court ruling blocking cheaper student-loan payments through the SAVE…
Ayelet Sheffey
2 mins read
Student-loan borrowers on Biden's new repayment plan are now waiting for the Supreme Court to decide whether cheaper payments and debt cancellation can resume
After the 8th Circuit officially blocked Biden's SAVE student-loan repayment plan, the Justice Depa…
Ayelet Sheffey
3 mins read
Student-loan borrowers on Biden's new repayment plan have 2 options to get credit toward debt cancellation while the program is blocked
With the SAVE plan blocked, student-loan borrowers have a couple of options to get credit toward de…
Ayelet Sheffey
2 mins read
8 million student-loan borrowers on Biden's new repayment plan just got more bad news after a federal court officially blocked cheaper payments and debt cancellation
The 8th Circuit ruled that Biden cannot carry out cheaper student-loan payments and debt relief thr…
Ayelet Sheffey
2 mins read
8 million student-loan borrowers on Biden's new repayment plan don't have to make payments after a federal court blocked the program in full
A court blocked the SAVE student-loan repayment plan. All 8 million impacted borrowers will be plac…
Ayelet Sheffey
2 mins read
Some student-loan borrowers will soon get cheaper monthly payments through Biden's new repayment plan — but their accounts might be paused in the meantime
The Education Department is placing some student-loan borrowers on the SAVE plan on forbearance as …
Ayelet Sheffey
4 mins read
Student-loan borrowers who were set to get debt cancellation or lower payments through Biden's new repayment plan won't get it for now. Here's what you need to know.
Two separate court rulings blocked parts of the SAVE plan, including student-debt relief and cheape…
Ayelet Sheffey
4 mins read
Tempted by a top up loan offer? Here’s why it may not be a bright idea
Several financial institutions offer a top-up on personal loans to existing borrowers who have a go…
3 mins read
Student-loan borrowers faced 3.9 million billing errors after entering repayment, a new report from 4 Democratic lawmakers says
A new report from Elizabeth Warren and her colleagues called for student-loan forgiveness for borro…
Ayelet Sheffey
2 mins read
Biden's new student-loan forgiveness plan just began its 30-day public comment period — and anyone can tell the administration what they think of the relief
The draft text for Biden's new student-debt cancellation plan is out, and anyone in the public can …
Ayelet Sheffey
4 mins read
All 4 major student-loan companies have now gotten punished for customer service issues as borrowers struggle with repayment — and it might not be the end
Since student-loan payments resumed, millions of borrowers have encountered issues with their servi…
Ayelet Sheffey
2 mins read
Some student-loan borrowers 'will see their loans wiped out' under Biden's repayment reforms, AOC says — and more Democrats should be talking about it
Rep. Alexandria Ocasio-Cortez told NBC that Democrats need to "do more" to promote Biden's accompli…
Ayelet Sheffey
2 mins read
Student-loan borrowers who have faced repayment errors should get a 'personalized' explanation on how their account is being corrected — but it'll take time, the Education Department says
The Education Department said it could take "several weeks" for student-loan borrowers to get a not…
Ayelet Sheffey
2 mins read
80,000 student-loan borrowers are getting $5 billion in debt cancellation they 'rightfully earned' through repayment plans, Biden's Education Department says
The Education Department announced the latest batch of student-loan borrowers getting debt relief t…
Ayelet Sheffey
1 min read
Chinese property giant Country Garden's stock surged by 10% after receiving an extension to repay some of its bonds
Country Garden's onshore creditors voted to extend the repayments of onshore bonds worth nearly $1.…
Huileng Tan
3 mins read
$100,000 monthly student-loan bills, late statements, and erroneous banking fees: here's everything that's gone wrong for borrowers with the return to repayment
Millions of student-loan borrowers have faced errors at the hands of their servicer since payments …
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
3 mins read
Congress is gearing up for a budget showdown. From funding for student-loan repayment to Social Security benefits, here's what's at stake.
Lawmakers have until the end of September to reach an agreement on funding the government. If not, …
Ayelet Sheffey,Juliana Kaplan
2 mins read
There's no proof that student-loan companies are prepared to bring millions of borrowers back into repayment in under 2 weeks, 2 top Republican lawmakers say
Rep. Virginia Foxx and Sen. Bill Cassidy asked the GAO to investigate how the Education Department …