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Monthly payments could drop, but most borrowers will pay more in interest over time. What to expect now that President ...
The reprieve is over. The pandemic-related breathing room from student-loan payments is done, and the financial reality of repayment has returned for millions of borrowers.
Millions of student loan borrowers are facing potential wage garnishment this summer if they don't take the complicated steps ...
A new book shows how federal higher education funding's high ideals often ran aground. But there are solutions to the crisis.
Student loans hurt your credit score? The climb back to a good credit range is doable if you make consistently smart and responsible financial choices.
The clock is ticking for delinquent student loan borrowers to pay their debt and avoid losing valuable points on their credit score. On May 5, the Department of Education will resume collections ...
More than 5 million borrowers have not made a monthly student loan payment in over 360 days and sit in default. Four million borrowers are in late-stage delinquency (91-180 days).
That month alone, 2.7 million federal student loan borrowers had new late payments show up on their credit reports, FICO data shows, and many more are likely to follow in the coming months.
Some carry business loans — or even student loans. In fact, the Education Data Initiative reported that 58% of student loan debt is held by the top two quintiles of income earners.
There are approximately 5.6 million former students currently in default, meaning their loans are at least 270 days behind on payment, who could be immediately affected when collections crank back ...
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