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Despite a Department of Education update, over 1 million student loan borrowers face massive uncertainty about IDR ...
The Department of Education has no timeline for processing IDR or PSLF student loan repayment applications. Borrowers may ...
With protections lifted, borrowers behind on their payments may soon see up to 15 percent of their wages withheld.
As the busy spring and summer homebuying season heats up, many potential homeowners could face a hidden obstacle - their student loans. Millions of Americans with federal student l ...
Long Island is both highly educated and has a higher percentage of people with student loan debt. That means more people could feel the freeze on applications for income-driven repayment plans.
Borrowers on income driven repayment plans have been waiting for the last month to see if they can keep their monthly payments the same.
The U.S. Department of Education reopened applications for a handful of its student loan repayment plans after a February court ruling resulted in the department pauseing incoming applications.
AEI found that Nelnet, the largest federal student loan service provider ... borrowers with loans in delinquency rose an average of 103 points during the payment freeze. Delinquencies are starting to ...
Scott Buchanan, with the Student Loan Servicing Alliance, says there’s nothing nefarious behind the Trump administration’s freeze. “Biden took [the enrollment form] down [too]. And again, not because ...
The 2025 Student Loan Update showed that an estimated 15.6% of federal loans — a new record — were likely past due at the end of last year, with more than $250 billion in delinquent debt held ...
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