More than 200 advocacy groups and labor unions are urging President Biden to postpone student loan repayments for the fourth time in his first 15 months in office. The 210 organizations, led by the Student Borrower Protection Center, wrote in ...
On Wednesday, the Education Department confirmed a major revamp of the federal student loan servicing system. They outsource the management of its vast federal student loan portfolio to several third-party companies known as student loan servicers. Student loan servicers The ...
When you apply for a student loan, various factors determine how much you can borrow. For example, the “cost of attendance” at the institution where you are enrolled or plan to enroll is one of the essential variables for federal ...
Secretary of Education Miguel Cardona laid out his strategy for college affordability in a significant announcement on Thursday. One notable exclusion is student loan forgiveness on a large scale. While Cardona acknowledged that escalating tuition expenses have resulted in substantial ...
According to the CNBC + Acorns Invest In You Student Loan Survey performed by Momentive, more than 60% of borrowers claim student loan debt has significantly impacted their mental health. A national sample of 5,162 persons participated in the online ...