Increasing student loan borrowing will 'change lives'
In what could be his final act as economy minister, Conor Murphy has decided to increase the maintenance loan by 20%. The change will come into effect from September 2025 and will cost his department around £50m.
After 5 Years, Student Loan Borrowers May See Credit Scores Suffer For Missed Payments
KEY TAKEAWAYS Federal student loan borrowers could see their credit scores suffer for missed payments for the first time since the COVID-19 student loan payment pause.Late or missing payments have not been reported to credit reporting agencies and wages have not been garnished since the pandemic.
Student Loan Borrowers Could Get $2.25 Million: Here's Who's Impacted
Borrowers holding private student loans managed by the National Collegiate Student Loan Trusts (NCSLT) may soon receive a share of $2.25 million in compensation for alleged improper debt collection practices.
GOP Plans Would Raise Taxes On Student Loan Borrowers, Students In School
Republican lawmakers are considering a number of proposals that could effectively increase taxes on student loan borrowers and college students.
Most Student Loan Borrowers Are Overwhelmed As Repayment Plans Keep Changing
Almost 70% of federal student loan borrowers feel overwhelmed while navigating their payment options as they struggle to keep up with the confusing and ever-changing repayment landscape.
Student Loan Interest to Increase Under Republican Plan: What to Know
Republican lawmakers have proposed a change that would end halted interest payments for borrowers while in school.
How to make principal-only payments on student loans
SoFi shares exactly what a principal-only student loan payment is and how to be sure you're doing it right. Making principal-only payments on student loans can accelerate the payback period and reduce overall borrowing costs.
Student Loan Borrowers Could Get $2M In Compensation Over Alleged Wrongful Collections
National Collegiate Student Loan Trusts could compensate student loan recipients if they’re found guilty of sheisty practices in a lawsuit filed against them by the Consumer Financial Protection Bureau.
Some Student Loan Borrowers May See Debt Collection Stopped
Because of a recent proposed settlement with the CFPB, some private student loan borrowers may see a stop to collections efforts.
Student Loan Forgiveness Is In Limbo But Could The Interest Deduction Vanish, Too?
Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...
Student loans for millions of federal borrowers won't be halted under Trump's funding freeze, the Education Department says
The Education Department said that student-loan borrowers will continue to receive aid under President Trump's temporary ...
How To Get a Student Loan Online: A Complete Guide
Finding the best online student loan lender depends on several factors. “Students should carefully review interest rates, ...
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Trump's Funding Freeze Halted. What Financial Aid and Student Loan Recipients Should Know
Just before the Trump-Vance administration's federal funding freeze was set to go live, it was blocked by US District Judge ...
The Federal Funding Pause Does Not Apply to Student Loans and Pell Grants
Students and parents panicked after news of the order, but the Education Department said the guidance would not stop the flow ...
These Student Loans Should Not Be Affected By Trump's Temporary Loans And Grants Pause
An order by President Donald Trump will freeze potentially trillions of dollars of grants and loans starting at 5 p.m.
How much student loan interest can you deduct? These are the tax benefits for education
If you thought all was lost, it's not, you have several solutions to cover your student loan in a timely manner, to the point of having a deduction that would clean up your taxes.
How Much of my Monthly Budget Should Go to Student Loans?
Strike the right balance with a payment that makes progress on the debt without stretching your budget too thin.