Economy News Student Loan Repayments Are Back Here’s What That Could Mean For The Economy
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Shocking $108bn impact student loan cancelations could have on economy as Trump unveils debt relief plan
A 2021 report by the Roosevelt Institute found that, on average, student loan borrowers aged between 18 and 39 spent more than 20 percent of their monthly income on repayments. Some 65 percent said ... Read More
Are Your Student Loans Finally Being Forgiven? What the Latest Restart Means for You
The Department of Education announced last week that borrowers who have met the qualifying payment count under Income-Based Repayment, Income-Contingent Repayment, and Pay as You Earn plans will soon ... Read More
White House agrees to cancel student debt for millions of borrowers
In an agreement with the American Federation of Teachers, the White House said it will again start processing student loan forgiveness for eligible borrowers. Read More
New student-loan forgiveness under Trump is coming. Here's what borrowers should know.
Some student-loan borrowers on income-based repayment plans are on track for debt cancellation, but the government shutdown could delay relief. Read More
Student loan forgiveness offered to some under Income-Based Repayment plan
The Department of Education sent out student loan forgiveness emails to eligible borrowers under the Income-Based Repayment plan last week, multiple media outlets reported. In July, the Education ... Read More
Could a government shutdown impact student loans? Here's what to know.
A government shutdown on Wednesday could have the potential to disrupt a multitude of federal activities — but people with student loans are expected to continue making their repayments, according to ... Read More
How new details from Trump's student-loan repayment overhaul could affect Americans seeking advanced degrees
Some healthcare programs, like clinical psychology, will face lower student-loan borrowing caps due to a new professional degree definition. Read More
What does the government shutdown mean for student loans?
While student loan payments are still due, new loans and repayment plan processing may face delays during the government shutdown. Financial experts urge borrowers to continue payments to avoid ... Read More
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