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Student loan interest resumes for millions enrolled in SAVE repayment plan
The Trump administration will begin collecting interest from federal student loan borrowers enrolled in the SAVE plan starting Friday. Kate Wood, loans expert and writer at NerdWallet, joins CBS News to discuss what borrowers need to know.
Student loan debt soared to more than $1.5 trillion during the Biden presidency, and the response by Washington was to “forgive” hundreds of billions of these unpaid loans by deadbeat ...
Fortunately, in the House of Representatives' "big, beautiful" tax bill, there are new caps of $50,000 on student loans for undergraduate students and $100,000 for grad students.
More than 1.6 million people in Illinois owe federal student debt. The Trump administration is trying to speed up their ...
Here’s a look at how President Trump and the Education Department are looking to reshape the Public Service Loan Forgiveness program, which cancels student debt for some employees after 10 years.
WASHINGTON – Roughly 8 million borrowers whose student loan payments have been on pause for a year will start to see interest accrue on their debt again in August, the U.S. Department of ...
This was part of the Democrat’s unconstitutional push to “forgive” student loans—euphemism for taxpayers bailing out borrowers. As we wrote last year, the courts repeatedly struck down ...
ABC News, Biden cancels $1.2 billion in student loan debt for 150,000 borrowers, Feb. 21, 2024 ...
Millions of student loan borrowers enrolled in a payment plan the Trump administration has called “illegal” will see their ...
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