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Student-loan borrowers will start to see 'improvements' to the repayment process starting this month
The Education Department announced it will begin streamlining federal student-loan servicing platfo…
Ayelet Sheffey
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…
Millions of student-loan borrowers just lost access to a key debt relief program — and it could have big financial consequences
The on-ramp period for millions of student-loan borrowers is over. This means those who miss paymen…
Ayelet Sheffey
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
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
Student-loan forgiveness through Biden's new repayment plan faces another lawsuit from 7 GOP states
Missouri's attorney general led a new lawsuit to block student-loan repayment through the SAVE plan…
Ayelet Sheffey
Millions of student-loan borrowers are losing a key debt relief program in 30 days
The on-ramp period for student-loan borrowers ensured any missed payments weren't reported to credi…
Ayelet Sheffey
Credit score improvement requires strict discipline but it is possible – Here’s how to go about it
Having a healthy credit score of 750 and above comes in handy when you apply for a loan, especially…
I moved to the US from India and took out a $59K loan to follow my dream of landing a job in Big Tech. My risk paid off.
A millennial software engineer in India took out a $59,000 loan to study in the US, and landed a jo…
Ella Hopkins
A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers
The latest lawsuit that temporarily blocked broader debt cancellation argues the relief would harm …
Ayelet Sheffey
Millions of student-loan borrowers are about to lose a key safeguard that'll put their credit scores and debt relief at risk
The on-ramp period for student-loan borrowers is ending this month, meaning missed payments will no…
Ayelet Sheffey
Over a dozen GOP states seeking to block student-loan forgiveness through Biden's SAVE repayment plan may have been set back by a separate court ruling
A ruling in a separate lawsuit to block student-debt relief could suggest how the court might rule …
Ayelet Sheffey
30 million student-loan borrowers get bad news after a Trump-appointed federal judge officially blocks Biden from carrying out broader debt cancellation
Just hours after the lawsuit to block broader student-loan forgiveness was transferred to Missouri,…
Ayelet Sheffey
Student-loan borrowers enrolled in Biden's new repayment plan may have gotten a win after a federal judge ruled only 3 states 'just barely' have standing to challenge the plan
Of the 11 GOP state attorneys general who sued to block the SAVE student-loan repayment plan, a jud…
Ayelet Sheffey
Student-loan companies that don't do their jobs should be fired, Elizabeth Warren says. Her next target is one that manages 8 million borrowers.
After Navient was banned from federal student-loan servicing, Elizabeth Warren told BI it's a warni…
Ayelet Sheffey
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
Student-loan borrowers could see an easier repayment process through Biden's budget request — along with efforts to make college cheaper
Biden is requesting boosted funding for Federal Student Aid to help support student-loan borrowers …
Ayelet Sheffey
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
I was drowning in $370,000 of student loan debt with my salary as a teacher. Then, it was all forgiven.
A woman with a Ph.D. and $370,000 in student loan debt struggled to pay down her loans. She cried w…
Sarah Graves
A second Trump term would be 'chaos' for student loan borrowers
Trump has intensified his verbal attacks on student loan forgiveness and a recent Supreme Court rul…