Browsing: Borrowers

For months, experts have warned that student loan borrowers who are behind on their payments may trigger a “default cliff.” Recent reports show that cliff is…

The US Capitol in Washington, DC, US, on Thursday, June 5, 2025. Eric Lee | Bloomberg | Getty ImagesStudent loan borrowers may face more delaysEarly Wednesday,…

U.S. Secretary of Education Linda McMahon smiles during the signing event for an executive order to shut down the Department of Education next to U.S. President…

Worried woman looking at her mobile phone.Srdjanpav | E+ | Getty ImagesStudent loan borrowers who are entitled to debt forgiveness but haven’t been able to get…

The national average credit score — which had been steadily increasing for over a decade — fell for the second year in a row, according to…

Plan Time to forgiveness SAVE (undergraduate loans) Originally (since struck down by the courts): 10 years for balances up to $12,000, and one additional year for…

Sentir Y Viajar | Istock | Getty ImagesFewer people with federal student loans are making payments on their debt. Around 10.3 million borrowers were enrolled in…

Bevan Goldswain | E+ | Getty ImagesSeveral of the U.S. Department of Education’s student loan repayment plans have recently changed in major ways — and more…

Damircudic | E+ | Getty ImagesDelayed loan relief may trigger a new ‘penalty’The American Rescue Plan Act of 2021 made student loan forgiveness tax-free at the federal level through the end…

A student studies in the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesWhen the…