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Finance

Get to Know about the Income- Driven Repayment Especially When You Are a Student

For borrowers on an income-driven repayment (IDR) plan, the Department of Education has announced a one-time payment change that will count specific months toward...

March 11, 2023

Finance

Federate Student Loan To Resume in May: Depends on Supreme Court Decision

Almost three years and eight extensions later, the pandemic-relief policy suspending federal student loan payments is still in issue. The Supreme Court’s hearings on...

February 28, 2023
Students on Debt Relief Plan [Photo: Bloomberg.com] Students on Debt Relief Plan [Photo: Bloomberg.com]

Finance

Student Debt Relief Plan: $0 Payments Under Biden’s New Plan— See Who Qualifies

The Education Department proposed revisions after Biden’s Student Debt Relief Plan was put in question. The revisions reportedly intend to cut students’ loans for...

February 20, 2023
Student Debt Relief Plan [Photo: MSNBC News] Student Debt Relief Plan [Photo: MSNBC News]

Finance

Student Debt Relief Plan: Relief for Borrowers Misled By Colleges

The Biden administration has decided to provide another Student Debt Relief Plan after the former awaits the decision of the Supreme Court. The Borrower...

February 18, 2023

Finance

Student Loan Cancellation Remains A Lot Of Questions To American Students

2022 turned out to be a high-profile year for student loans, with changes to repayment policies and a comprehensive one-time debt forgiveness plan. President...

February 9, 2023
Student Loan Default [Photo: eStudentLoan] Student Loan Default [Photo: eStudentLoan]

Finance

Student Loan Default: What It Is And How To Avoid Them?

Simply put, student loan default happens when borrowers do not pay their student loans as agreed in the contract. In this article, read and...

January 30, 2023
U.S. Department of Education [Photo: Brookings Institution] U.S. Department of Education [Photo: Brookings Institution]

Finance

U.S. Education Department Overhauls Biden’s Student Loan Forgiveness

The U.S. Education Department has announced an overhaul of President Biden’s Student Loan Forgiveness. The announcement was made despite the legal challenges the department...

January 24, 2023
Students on Student Loan Settlement [Photo: Marketplace.org] Students on Student Loan Settlement [Photo: Marketplace.org]

Finance

Three Colleges Appeal to Block $6 Billion Approved Student Loan Settlement

Three colleges have appealed to block the approved student loan settlement worth $6 billion. If implemented, this settlement would cancel the debts of more...

January 24, 2023

Finance

Delayed Student Loan Forgiveness: Education Department Pushes Back Timeline for IDR Account Adjustment

The Education Department has updated the timeline for student loan forgiveness under a one-time account adjustment. Forbes stated in their article on January 13,...

January 19, 2023
U.S. President Joe Biden on Student Loan Plan U.S. President Joe Biden on Student Loan Plan

Finance

Biden Proposes New Student Loan Plan – Here’s What You Should Know!

On January 10, U.S. President Biden has proposed a new loan forgiveness plan for American students. In this article, read and find everything you...

January 18, 2023
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