Application backlogs for IDR plans may be about to get a whole lot worse for borrowers with student loans enrolled in the ...
Sweeping student loan forgiveness changes for federal student loans are going into effect this year, and millions of borrower ...
・Forbearance lets you pause student loan payments temporarily but interest continues to accrue during that time. ・It should only be used for short-term hardship, since repeated or extended forbearance ...
・The SAVE repayment plan is ending, and borrowers remain in administrative forbearance with no set date for repayment to resume. ・Congress’s “One Big Beautiful Bill” (OBBBA) phases out SAVE by 2028 ...
Student loan borrowers who expected smaller monthly payments under the new Saving on a Valuable Education, or SAVE, plan received some bad news on Feb. 18, when a U.S. appeals court blocked the ...
It’s not uncommon for financial circumstances to change for student loan borrowers over the life of their loans. Whether it’s an unexpected illness, a job loss, or a pandemic, emergencies and ...
You don't have to switch by Aug. 1, but interest will start accruing on your loans on the SAVE plan. Here are your options. Courtney Johnston led the CNET Money team and worked closely with the ...
Roughly 8 million federal student loan borrowers will soon see their debt balances start growing again. Borrowers who enrolled in the Saving on a Valuable Education income-driven repayment plan ...
"Although no payments are due at this time, interest continues to accrue on your loan(s) during the forbearance period," Mohela wrote to Bruecker in the June 1 letter, which CNBC reviewed. "You have ...
Earlier this month, Ellie Bruecker received a troubling notice from her student loan servicer, Mohela. "Although no payments are due at this time, interest continues to accrue on your loan(s) during ...