You Searched For "income driven repayment" and got 20 results
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3 mins read
A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments
The Education Department placed a second penalty on student-loan company MOHELA over failure to pro…
Ayelet Sheffey
2 mins read
8 million student-loan borrowers enrolled in Biden's new repayment plan won't have to make payments for at least another 6 months
The Education Department extended the student-loan payment pause by at least 6 more months for borr…
Ayelet Sheffey
3 mins read
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment plan
A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral argum…
Ayelet Sheffey
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
6 mins read
I live on a boat to help me pay off my $80,000 student-loan debt. Living this way has expenses, but I think there's a financial upside.
Cody Plante regrets his graduate school loans and said now he may die with some debt if he doesn't …
Jen Glantz
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
Over 800,000 student-loan borrowers are set to start seeing their debt wiped out following income-driven repayment reforms
While lawsuits are attempting to block the relief, some student-loan borrowers are set to start see…
Ayelet Sheffey
2 mins read
A conservative group filed a lawsuit to block $39 billion in debt relief for 800,000 borrowers on income-driven repayment plans
After Biden said he was canceling debt for thousands of student-loan borrowers, the Cato Institute …
Ayelet Sheffey
4 mins read
A boomer with $50,000 in student loans voted for Trump in the last election. But with Biden's new repayment plan blocked, she's considering supporting a Democratic ticket.
Rebecca Hill, 61, is an independent voter who supported Trump. But GOP lawsuits blocking the SAVE s…
Ayelet Sheffey
2 mins read
2 federal courts just blocked student-loan forgiveness and cheaper monthly payments under Biden's new repayment plan
Two separate rulings from federal judges in Kansas and Missouri halted student-debt cancellation an…
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
3 mins read
A millennial dentist with $231,000 in student debt is worried he'll have to sell his home or get a second job if Biden's new repayment plan is axed
David, 30, isn't asking for student-loan forgiveness. He's just asking for affordable monthly payme…
Ayelet Sheffey
2 mins read
Conservative groups are once again trying to strip student-loan forgiveness from 804,000 borrowers on income-driven repayment plans, even though some of them already received the relief
After a judge threw out their lawsuit to block $39 billion in student-debt relief, the Cato Institu…
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
Student-loan payments will be paused for 3 million borrowers after federal judges blocked debt cancellation and cheaper bills through Biden's new repayment plan
After judges blocked key parts of the SAVE student-loan repayment plan, the Education Department sa…
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
A millennial dad's $0 student-loan payments gave his family some breathing room. Then courts blocked Biden's repayment plan leaving 8 million borrowers like him in limbo.
Alan Pedrick, 41, is worried he'll have to cut back on his kids' after-school programs if the SAVE …
Ayelet Sheffey
3 mins read
Student-loan borrowers on Biden's new repayment plan get a win after a federal court rules that cheaper monthly payments can go into effect
Cheaper monthly student-loan payments are allowed to resume after federal courts blocked parts of t…