Student loan delinquencies to hit record high
Student loan delinquencies are on pace to hit record highs.
Student loan delinquencies are on pace to hit record highs.
Federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause from 2020, was providing relief to nearly 44 million borrowers by freezing their accounts. After several extensions by both the Trump and Biden administrations, the pause expired after Congress prohibited the president from extending it another time. Restarting payments all at…
In tonight’s ABC’s of Education, The Biden Administration opened its new student loan repayment plan, giving borrowers an early shot at signing up for the program.
The program would have benefited 43 million Americans at a cost of $400 billion.
If you got an email that said your student loan was forgiven, it’s an error.
The Biden administration was dealt another setback in court Wednesday in its effort to revive a student loan debt relief policy.