Students Loans News

The cost of college tuition is a growing concern for many students and their families. as the cost of college continues to rise, students are increasingly turning to student loans to help pay for their education. with the ever-changing landscape of student loan regulations, it can be difficult to stay informed. this article will provide an overview of the latest news and developments in student loans and how they can affect you. from changes in repayment plans to an increase in loan forgiveness programs, we will discuss the latest news and trends in the student loan space.

When student loan repayment starts, servicers predict long wait times, advise early action

Student loan borrowers should be prepared to hold, and possibly for a very long time, when repayments resume in a few months.

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Student Loans – CNBC

More In Student Loans · Biden’s student loan forgiveness plan spurs heated Supreme Court exchanges · Lawyer may have saved Biden student loan forgiveness plan at …

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Biden’s student loan forgiveness plan may cause a drop in credit scores for some borrowers

Because of the way credit scores are calculated, forgiven student debt may lead to a temporary drop in some borrowers’ scores.

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How to manage student loan debt ahead of Supreme Court’s ruling on relief program – ABC7 Chicago

Here’s how you can to manage student loans ahead of a Supreme Court ruling on on the Joe Biden administration’s debt relief program.

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FACT SHEET: President Biden Announces Student Loan Relief for Borrowers Who Need It Most | The White House

A three-part plan delivers on President Biden’s promise to cancel $10,000 of student debt for low- to middle-income borrowers.

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Supreme Court allows $6 billion student loan debt settlement to go through

The Supreme Court decided not to block a $6 billion student loan debt settlement based on thousands of claims that colleges misled students.

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Current Student Loans News | Bankrate

Current Student Loans News. Stay up to date with trends that will impact your student loans – and your wallet. Student Loan Rates · Student Loan Refinancing …

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Supreme Court Won’t Block Student Loan Class-Action Settlement – The New York Times

WASHINGTON — The Supreme Court on Thursday refused to block a class-action settlement that forgave $6 billion in federal loans for students …

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The Biden-Harris Administration’s Student Debt Relief Plan Explained

New one-time student loan debt relief to be granted based on income, and student loan payment pause extended.

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Common Asked Quetions

What are the current interest rates for student loans?

The current interest rate for federal student loans for the 2020-2021 academic year is 2.75% for undergraduate loans and 4.30% for graduate and professional loans.

Are there any government programs or initiatives to help pay off student loans?

Yes, there are several government programs and initiatives to help pay off student loans. These include income-driven repayment plans, loan forgiveness programs, and public service loan forgiveness.

Are there any benefits to refinancing student loans?

Yes, there are several benefits to refinancing student loans. These include lower interest rates, lower monthly payments, the ability to consolidate multiple loans into one, and the potential to save money over the life of the loan.

What are the different types of student loan repayment plans available?

The different types of student loan repayment plans available are standard repayment, extended repayment, graduated repayment, income-based repayment, income-contingent repayment, pay-as-you-earn repayment, and revised pay-as-you-earn repayment.