studentloan
Private student lenders are on track for some good years ahead, Democratic lawmakers said.On Monday, Sen. Elizabeth Warren led some of her Democratic colleagues, including Sens. Bernie Sanders and Ron Wyden, in sounding the alarm on a potential influx of federal student-loan borrowers into the private lending market as a…
Mary Smith is considering bankruptcy.”I don’t have it,” Smith said, referring to the extra money she would need to afford the higher student-loan payments she’s facing in the coming year. “Everything we’ve done, we’ve done ourselves,” Smith said. “Nobody handed me anything. I didn’t grow up in a rich family.…
President Donald Trump isn’t saving the SAVE plan.The Department of Education announced earlier in July that interest charges for student-loan borrowers on the SAVE plan are restarting on August 1 after being paused for a year while the plan was facing legal challenges.SAVE, created by former President Joe Biden, intended…
Student-loan borrowers will soon start seeing changes to the way they borrow and pay off their loans.After President Donald Trump signed into law his tax and spending bill, which included major changes to student-loan repayment, the Department of Education announced it was beginning to implement some of the new provisions.The…
From higher student-loan balances to lower college attendance, education groups have a list of concerns with President Donald Trump’s plans to dismantle the Department of Education.Sen. Elizabeth Warren released a report on Thursday — exclusively viewed by Business Insider — compiling responses she received from 11 national organizations regarding the…
The student debt collection machine has been turned back on, and it could mean bad news for millions of borrowers later this summer.President Donald Trump’s announcement that collections on defaulted student loans would restart on May 5 left borrowers behind on payments facing a scramble: make payments to avoid entering…
Millions of student-loan borrowers could see major changes to their repayment plans under the Senate’s new education spending proposal.On Tuesday, Sen. Bill Cassidy — chair of the Senate education committee — unveiled the education portion GOP lawmakers are seeking to include in President Donald Trump’s spending bill.After the House passed…
