Learn about the best options for student loan consolidations. The Great Recession and COVID-19 pandemic made it more difficult to pay off college debt, but when interest rates are low, or at least lower than your existing loans, it is a good time to refinance student loans. Last updated ...
Student loan forgiveness has been a hot congressional topic, peaking in response to the added financial constraints of the COVID-19 pandemic and successive attempts by federal actors to alleviate, or continue, the often devastating loan burden. ...
(NEXSTAR) – For over two years, most federal student loan borrowers haven’t had to make a monthly payment after both Trump and Biden enacted pauses in response to the COVID-19 pandemic. Now, with payments (possibly) beginning again in May, many are hoping their loans will instead be fo...
Student loan forgiveness first became tax-free at the federal level in March 2021 due to a provision included in the $1.9 trillion federal Covid-19 stimulus package that Biden signed into law. U.S. President Joe Biden speaks at the Pieper-Hillside Boys & Girls Club in Milwaukee, Wiscons...
Fortunately, if you’re carrying student loan debt, you may have options. Student loan forgiveness is a real possibility for those who are eligible. We’re sharing this comprehensive guide on how to determine if you’re eligible for student loan forgiveness, and what programs offer loan forgiven...
Sadly, the United States doesn’t have a comprehensive loan forgiveness program for the essential workers who are vital to our economy. Instead, essential workers need to utilize a patchwork collection of resources to get student loan assistance and forgiveness. ...
Student loan forgiveness is still in the very early stages, so if you have debts to your name, you’ll want to consider other options while these plans get fleshed out. If you have private student loans, think about refinancing to lower your interest rate and monthly payments. Just make su...
If you refinance federal student loans, be aware that you will lose access to any existing benefits offered by the federal loan program. As Americans around the country stay at home and social distance to slow the spread of the COVID-19 disease caused by the novel coronavir...
Student loan forgiveness 2024 Before diving into the various loan forgiveness plans, it helps to review some background. During the COVID-19 pandemic, the Biden administration unveiled a broad student loan forgiveness plan. The plan proposed forgiving up to $10,000 of student loan debt for eli...
CDC, the agency that implemented it. He asked the Nebraska solicitor general to weigh in on the argument by the DOJ and others that loan forgiveness is also in the “wheelhouse” of the Education Department, distinguishing it from the cases where the court ruled against Biden Covid-19 ...