Paying extra toward your student loans can reduce your overall interest costs. Consider making additional payments, putting surpluses toward the principal and exploring forgiveness options to repay ...
The resumption of federal student loan collection efforts has created a financial crisis affecting millions of American borrowers, with only 38% maintaining current payment status as of late April.
4. Pay extra on the loan. If you get extra income through a second job, a bonus or tax returns, consider putting that toward ...
Every borrower should know their loan balance, current interest rate and monthly payment, says Joseph Price-Gault, head of ...
Federal student loans have been upended by litigation and legislation. Here’s what you need to know to repay your loans, avoid tax bombs and more. By Tara Siegel Bernard The student loan landscape has ...
After a lengthy pandemic-related pause, the U.S. Department of Education resumed collection efforts on student loans in default in May. This has placed renewed pressure on borrowers who are behind on ...
The Education Department recently wrapped up talks over how to change the student loan system. Here’s what borrowers should know about what’s ahead.
WASHINGTON -- Borrowers with federally held student loans will have the option to defer payments for 60 days with no penalty as the country copes with the coronavirus outbreak, President Donald Trump ...