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Here’s a roundup of important dates you will want to add to your calendar in order to make the most of student loan repayments and new programs. Stimulus 2023: Updates To Know Now
After more than three years of having their payments paused as part of COVID-19 relief efforts, federal student loan borrowers will soon have to resume payments. Exactly when remains unknown, even...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
The Biden administration has started rolling out a series of programs and initiatives to lighten the burden of student loans and make the repayment process more equitable and manageable. For those ...
Per the Department of Education’s student aid website: “The student loan payment pause is extended until the U.S. Department of Education is permitted to implement the debt relief program or ...
In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
Over three years after the pause began in March 2020, student loan payments will finally resume in October. Since inflation is still elevated, you might wonder whether you can afford to resume your...
The final regulations the department announced, which will be implemented July 1, 2023, “will reduce regulatory barriers that have historically made it harder for borrowers to make progress ...