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  2. 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]

  3. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...

  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. 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.

  6. White House approves student debt cancellation for thousands ...

    www.aol.com/news/white-house-approves-student...

    When student loan borrowers began applying for loan forgiveness 10 years after the program went into effect, most were denied relief. The White House said it made administrative fixes that ...

  7. Student loans: New loan servicers may complicate payment ...

    www.aol.com/finance/student-loans-loan-servicers...

    "The big changes were PHEAA, which serviced more than 9 million borrowers and Navient, which serviced 6-7 million borrowers," Mark Kantrowitz, author and student loan expert, told Yahoo Finance.

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