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Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting.
Thorn's son is trying to choose between two schools that are about $20,000 a year apart in price. The more expensive one is a perfect fit, where there will be an opportunity to run track and enjoy the ...
Currently, around 42 million Americans hold federal student loans and roughly 5.3 million borrowers are in default.
The Department of Education announced Monday it would start recouping federal student repayments again from May 5 from the ...
The Trump administration announced Monday it will resume debt collections for federal student loan borrowers who have ...
The impact of 529 assets on a beneficiary’s financial aid package depends on who owns the account. As outlined above, if the ...
Borrowers in default must ask their loan servicer to be placed into such a program. Typically, servicers ask for proof of ...
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Scripps News on MSNFree college programs on the rise as student debt weighs on millionsThe steep cost of higher education can be a major barrier for students thinking about their next step. But as more schools ...
A federal student loan is considered in default after 270 days of non-payment. Borrowers can check their loan status by ...
The Trump admin said that starting May 5, the government will move 1.8 million borrowers into repayment and resume collections.
Starting May 5, the Treasury Department’s offset program will initiate involuntary collection on student loans in default.
The education secretary has pulled student loan funding from the private Oxford Business College over concerns about ...
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