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...
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...
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,...
As a potential graduate student, you will want to consider the different types of loans available to you and what the differences are between each. The type of loan you choose to take out will depend on your financial need and circumstances. Counselors, advisors, and...
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...
In the United States, student loan debt exceeds 1 trillion dollars. The average student owes over $30,000 for their college education. It’s no wonder that millions of borrowers have questions about the student loan forgiveness plan and wonder if they qualify....
If you are a recent college graduate, or your graduation day is in the near future, you may be interested in learning about student loan consolidation. For some, consolidating federal student loans can be beneficial. However, you will want to look at your current...
Families throughout the country have made adjustments in light of the Coronavirus pandemic and the resulting lockdown, and the United States government has made concerted efforts to alleviate the financial strains resulting from lost jobs, disrupted economic networks,...
Originally published by The New York Times Interest rates in general are rising, and so are the rates on student loans for the coming school year. Interest rates on federal student loans for undergraduates will increase to 5.05 percent from 4.45 percent for the...
College is expensive, and tuition is only part of the cost. Parents and students often discover that textbooks, living expenses and unexpected bills quickly add up to much more than they planned. Students turn to student loans to pay for their education and end up...