You Searched For "federal loans" and got 20 results
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1 min read
Student-loan relief would cost the government $321 billion but allies plan to keep up the pressure for $50K relief, a report says
Under Biden's forgiveness plan to erase a minimum of $10,000 per borrower, the government would rep…
Sam Tabahriti
2 mins read
House Republicans Slam Federal Loan To Fisker As 'Corrupt' And 'Mismanaged'
Although the DOE could potentially recoup funds from Fisker (and has already seized $21 million fro…
Alex Davies
3 mins read
A major student-loan lender just asked a federal court to end the payment pause and return borrowers not eligible for Biden's broad relief back into repayment 'at minimum'
"The Loan Moratorium has directly harmed SoFi's federal loan refinancing business," the lender wrot…
Ayelet Sheffey
3 mins read
Meet a government worker who regrets refinancing her student debt because she didn't know it would block her from federal loan forgiveness: 'I never would have done that'
Tanya Burnett refinanced her student loans to lower her monthly payments. But now, she says "it was…
Ayelet Sheffey
3 mins read
A student-loan company that just took over 5 million borrowers' accounts has 'a growing list of scandals and abuses,' report says
Maximus, which took over Navient's portfolio, says it's just "back-end IT support" for federal loan…
Ayelet Sheffey
2 mins read
Ruth's Chris is returning $20 million in federal loans after facing a backlash
The company that owns Ruth's Chris Steak House last year spent about $42 million on share repurchas…
Hayley Peterson
1 min read
Another Car Company That Got A Federal Loan Is Shutting Down
According to the DOE, the $50 million for VPG should have created 900 permanent jobs and taken 12,2…
Alex Davies
2 mins read
The Education Department is 'assessing' whether student-loan borrowers with privately held loans could qualify for Biden's debt cancellation
Some student-loan borrowers within the FFEL program still have privately-held debt and don't curren…
Ayelet Sheffey
2 mins read
Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says
Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…
Ayelet Sheffey
2 mins read
Student-loan borrowers with private debt might be stuck watching their balances balloon as Biden carries out federal forgiveness
As the Fed hikes interest rates, some private student-loan borrowers' balances could climb on top o…
Jason Lalljee,Ayelet Sheffey
3 mins read
Congress just made it possible for student-loan borrowers who combined their balances with a spouse to separate their debt and receive federal loan forgiveness
"If a spouse is unresponsive, abusive, or economically irresponsible," a borrower no longer has to …
Ayelet Sheffey
2 mins read
More people than ever are defaulting on student loans - and it could put the US economy at risk
Defaulting, especially on the scale of $84 billion, can also have repercussions for the entire econ…
Matthew Michaels
5 mins read
The 4 types of financial aid, ranked from most to least desirable
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Tanza Loudenback
5 mins read
How to choose a student loan to get the money you need for college or grad school
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Melanie Lockert
2 mins read
Taking out new student loans just got more expensive
Interest rates on student loans will increase by more than a full percentage point in July, as borr…
Ayelet Sheffey
2 mins read
A student-loan company that took over public servants' accounts is involved in one of the first major lawsuits against Biden's debt cancellation
Six GOP-led states filed a lawsuit in Missouri against President Joe Biden's student-debt cancellat…
Ayelet Sheffey
2 mins read
Student-loan borrowers who combined their debt balances with a spouse are blocked from Biden's one-time debt relief
Couples may have decided years ago that combining their student-loan balances was their best bet. N…
Ayelet Sheffey
5 mins read
How to defer student loans to pause your payments for months or years at a time
When you defer your student loans, it's typically for a specific period of time. Federal loan borro…
Melanie Lockert
6 mins read
How to get a student loan for college or grad school
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Tanza Loudenback
2 mins read
Biden's Education Department just finalized a rule allowing states to protect student-loan borrowers from 'unfair and deceptive practices,' reversing the Trump administration's efforts
Trumps' Education Secretary Betsy DeVos wanted to protect student-loan companies from state oversig…