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2. Many student loan borrowers are in for a big, bad surprise in ...

   www.aol.com/finance/many-student-loan-borrowers...

   There are approximately 5.6 million former students currently in default, meaning their loans are at least 270 days behind on payment, who could be immediately affected when collections crank back ...

3. Student financial aid in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_financial_aid_in...

   An education loan is a loan taken out by the student (or parent) to pay for educational expenses. Unlike scholarships and grants, this money must be repaid with interest. Educational loan options include federal student loans, federal parent loans, private loans, and consolidation loans.

4. Student loans: Biden pushes to enroll more borrowers in new ...

   www.aol.com/finance/student-loans-biden-pushes...

   Interest on federal student loans started Sept. 1 after a three-year pandemic forbearance pause and payments are set to resume Oct. 1. Read more: How the Fed affects student loan interest rates

5. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

6. Biden is withdrawing his broader student-loan-forgiveness ...

   www.aol.com/biden-withdrawing-broader-student...

   The plans aimed to cancel some student debt for over 38 million borrowers. President Joe Biden's administration has officially scrapped its unfinished rules for broad student-loan forgiveness .

7. Federal Family Education Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Family_Education...

   For PLUS loans made before July 1, a variable rate applies (with a 9.00% cap). The House passed a resolution in May 2013 to tie student loan rates to free market loan rates. Every year, student loan interest rates will adjust to fit the market. subsidized and unsubsidized rates will cap at 8.5%. [4]