You Searched For "student loan forbearance" and got 20 results
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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
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…
Ayelet Sheffey
3 mins read
A Gen Xer got $112,000 in student loans forgiven after paying off a 'worthless degree' for over a decade. Now she can enter retirement debt-free.
Sheila Reed, 57, graduated from a school the Education Department later found fraudulent. She was "…
Ayelet Sheffey
2 mins read
3 top Democratic lawmakers are calling for an investigation into a major student-loan company, accusing it of 'loan forgiveness mismanagement' for millions of borrowers
Sens. Elizabeth Warren, Chuck Schumer, and Bernie Sanders are calling for an investigation into stu…
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
2 mins read
Interest rates on student loans are rising yet again. It'll make things a lot more expensive for new borrowers this fall.
Interest rates on federal student loans are increasing by more than 1% on July 1, marking the highe…
Ayelet Sheffey
4 mins read
A Gen Xer got $110,000 in student loans forgiven after he'd paid off more than he borrowed. It's allowed him to scrap his plans to work part time in retirement.
Steven Perry, 58, thought the notice confirming his student-loan forgiveness was a scam. But after …
Ayelet Sheffey
2 mins read
President of Purdue University calls student loan forgiveness a 'gift to the wealthy' and the 'most regressive policy idea we've seen'
Mitch Daniels told CNBC he believes student loan forgiveness will worsen the inequities it was desi…
Grace Kay
3 mins read
Thousands of student-loan borrowers are set to get emails from Biden that their balances are wiped out. Here's what happens next.
Nearly 153,000 student-loan borrowers are getting debt cancellation ahead of schedule, thanks to th…
Ayelet Sheffey
2 mins read
7,700 student-loan borrowers could be 'potentially eligible' for debt forgiveness — but they're still making payments, government watchdog finds
The GAO also found that since June 2021,157 student-loan borrowers have achieved forgiveness throug…
Ayelet Sheffey
4 mins read
A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India
Joel Lambdin, 49, said his student-loan forgiveness wasn't a "jump for joy" situation but rather, a…
Ayelet Sheffey
4 mins read
Biden is still running on a promise to get student-loan forgiveness to 'as many borrowers as possible.' Here's where his debt relief efforts stand.
After the Supreme Court struck down Biden's first try at student-debt cancellation, he touted other…
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
3 mins read
A student-loan borrower who received debt cancellation a year ago was just told it was a mistake and now his $93,000 balance is reinstated
After Okwara, 36, received student-debt relief, he bought a home and started investing. But MOHELA …
Ayelet Sheffey
2 mins read
These student-loan borrowers have 90 days to get a refund on any payments made since October
Student-loan borrowers who were placed on forbearance have up to three months to request refunds on…
Ayelet Sheffey
2 mins read
Do not make student-loan payments if you're in one of these 3 groups of borrowers
Student-loan borrowers who are waiting for their debt to be discharged do not need to enter repayme…
Ayelet Sheffey
3 mins read
What happens to student-loan borrowers who miss payments starting next month
Federal student-loan payments are resuming next week. Here are your options if you can't, or won't,…
Ayelet Sheffey
2 mins read
Some student-loan borrowers will lose out on debt relief if they don't take action by the end of the year
Student-loan borrowers with privately held loans can get relief through Biden's one-time account ad…
Ayelet Sheffey
2 mins read
Student-loan borrowers are facing 'serious risks' to their credit scores following the 'chaotic' payment resumption, 4 Democratic lawmakers say
Sens. Elizabeth Warren and Bernie Sanders joined colleagues in requesting information on challenges…
Ayelet Sheffey
4 mins read
3 people on how ending the COVID-19 student-loan forbearance will impact their lives and finances
"The forbearance has given me room to breathe. I've always wanted an emergency fund, and thanks to …