If You're Behind on Student Loan Payments, Your Credit Score May Have Already Dropped
Credit scores could drop by more than 150 points for some borrowers and will likely result in "reduced credit limits, higher interest rates for new loans and overall lower credit access" for affected borrowers, according to a Federal Reserve Bank of New York report posted Tuesday.
President Donald Trump has yet to win over his own party with his push to “immediately” transfer the Education Department’s ...
The expansion of the DOE since 1979 has led to ballooning student-loan costs, while a private-lender system could bring those ...
Trump’s dismantling of the Department of Education and other GOP-led efforts have created confusion for student loan ...
President Trump signed an executive order to dismantle the Department of Education, sparking concerns over curriculum, loans ...
In deciding which student loans to pay off first, consider factors such as loan type, interest rates, and repayment terms.
Experts expect more borrowers to default on their student loans without access to pandemic-era safeguards and affordable ...
After months of Republican backlash against a Biden-era plan, the Department of Education suspended four of the agency’s ...
Income-Contingent Repayment (ICR)—determines payments as either 20 percent of discretionary income or a fixed amount over 12 ...
Federal student aid doesn’t always cover the cost of college, and some students might turn to private student loans to bridge ...
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