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What is Public Service Loan Forgiveness?

What is Public Service Loan Forgiveness?

It’s no secret that student loan debt is a major concern for many and perhaps even a barrier to higher education. To address this issue and encourage individuals to work in sectors that serve the community, the U.S. federal government introduced the Public Service...
Latest Update on Student Loan Payments

Latest Update on Student Loan Payments

The current administration’s proposal to grant up to $20,000 in student loan forgiveness faced a setback when the Supreme Court rejected it in late June 2023. The administration remains committed to providing debt relief, however. Their recent initiative aims to...
Can Interest Rate Hikes Affect Your Student Loans?

Can Interest Rate Hikes Affect Your Student Loans?

Interest rate increases have the potential to impact your student loans. However, the extent of their impact varies depending on the specific type of student loans you have and the terms outlined in your loan agreement. For federal student loans in the United States,...
What is Federal Student Loan Delinquency vs. Default?

What is Federal Student Loan Delinquency vs. Default?

No one ever wants to think about defaulting on their student loans, but it’s important to be prepared if the situation should arise. If you’re considering taking out student loans or you already have, keep reading. Federal student loan delinquency and default refer to...