Why New Student Loan Borrowers Are Doing Better At Keeping Up With Payments Than Older Borrowers

New federal student loan borrowers seem to be doing better than older borrowers, as they have been able to enroll in the best income-driven repayment plan for their situation. Read More

Student loan borrowers could see payments spike under Trump’s ‘big, beautiful’ bill: ‘People are panicking right now’

Changes under the GOP spending bill will hit borrowers taking out loans next summer and any point after, as well as the 8 million Americans stuck in limbo on the SAVE plan. Read More

The summer is looking grim for millions of student-loan borrowers behind on payments

Millions of student loan borrowers are facing potential wage garnishment this summer if they don't take the complicated steps to avoid default. Read More

Student Loan Debt Relief Has Been A 'Lifeline' For Borrowers, Survey Says - Investopedia

The COVID-19 federal student loan payment pause helped many borrowers during the depths of the pandemic, according to a news survey from the government's consumer finance watchdog. After payments ... Read More

Student Loan Payments Could Soar By $200 A Month, On Average - Forbes

Higher Monthly Payments: Monthly payments would rise by almost $200 for the average student loan borrower. While this might appear incremental at first glance, it represents a dramatic shift in ... Read More

Survey: Debt Consolidation Pays Off for 69% of Borrowers

Take this example: If a borrower is making the minimum payment on $10,000 worth of debt across three credit cards with an average annual percentage rate of 21%, the consumer could save about $70 ... Read More

Why delinquent student loan borrowers may struggle to get a mortgage – Daily News

—The average student borrower takes 20 years to pay off their student loan debt —47% of student debt holders said their loans prevented them from making a down payment on a home Pay your ... Read More

End of student-loan 'on-ramp' means missed payments can hurt borrowers. Here's how to protect your credit score. - Morningstar

The Education Department's 'on-ramp' grace period for student-loan borrowers is ending. Now the clock starts. One year after the pause on student-loan payments ended, Uncle Sam is getting ready to ... Read More

What Is the Average Student Loan Payment? - U.S. News

The average debt among recent graduates who took out student loans is nearly $30,000, according to an analysis by U.S. News, so the monthly payment on a 10-year standard repayment plan would be on ... Read More

End of student loans grace period a potentially perilous time for borrowers - CBS News

The 12-month grace period for student loan borrowers ended Sept. 30. The "on-ramp" period helped borrowers struggling to make payments avoid the risk of defaulting and hurting their credit score. Read More

Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says - MSN

Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says Story by asheffey@businessinsider.com ... Read More

Millions of Student Loan Borrowers Are Behind on Payments

Even borrowers with good credit are falling behind on their payments. More than 500,000 student loan borrowers with good to excellent ratings recently saw their scores dive by an average of 128 ... Read More