loans
Hannah Bates didn’t believe the email.”Congratulations! We received the final payment on your loan,” read the surprise message from Sallie Mae, her student loan lender.It was October 2024, and Bates owed Sallie Mae $55,000, with years of payments remaining. She called customer service for an explanation. “They told me there…
Parent student-loan borrowers have to act quickly to keep their affordable monthly payments.President Donald Trump’s “big beautiful” spending legislation made sweeping changes to student-loan repayment, and loans that parents take out for their kids, known as parent PLUS, are facing a key deadline.Currently, parents can take out loans equal to…
