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Staff cuts at the Consumer Financial Protection Bureau and the Department of Education have drastically reduced the number of ...
After payments resumed, the volume of past due federal loans quickly returned to pre-pandemic levels and reached a new high of 15.6% by the end of the on-ramp period, with more than $250 billion in ...
With repayment plans on hold and recertification stalled, borrowers face delays, rising costs and uncertainty.
As borrowers resume payments following the end of the pandemic-era pause, some employers are offering creative ways to help ...
President Trump's order to close the Department of Education included the move of student loans to the Small Business Administration. Trump has said the change will mean "much better" service, but ...
Biden’s initiative to forgive large amounts of student loan debt has been officially ended by President Trump in favor of a ...
Repayment plan applications down A federal ... demanding casework assistance if they are experiencing issues with federal student loans or loan servicers. This includes difficulty contacting ...
if student loan issues remain unresolved. Find out how to contact your elected officials on USA.gov. The newest income-driven repayment plan is on hold. SAVE borrowers are in an interest-free ...
“This can only result in borrowers experiencing erratic and inconsistent management of their federal student loans,” Jessica Thompson, senior vice president of the Institute of College Access and ...
“Recent actions by the Trump Administration to block access to affordable student loan repayment plans and terminate ... and costly and frustrating problems for students, borrowers, and their ...
If those issues occurred with the Department of ... ForbesEducation Department Blocks All Student Loan Forgiveness For 3 MonthsBy Shahar Ziv Put simply, borrowers pursuing forgiveness face ...
The graduate repayment plan is a payment option for federal loans that starts with low monthly payments that gradually increases. Most federal student loans qualify for a graduated repayment plan.