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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 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 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 ...

  5. Dear Penny: Can I Get a Refund on My Kids’ Student Loan Payments?

    www.aol.com/dear-penny-refund-kids-student...

    Dear Penny, I have been paying down my federal parent student loans during the pandemic and haven't missed a payment. I currently owe about $100,000 for two children to attend college. I am also ...

  6. Have Student Loans? It’s Possible To Have Them Forgiven - AOL

    www.aol.com/finance/student-loans-possible-them...

    Currently, 45 million people are carrying student loan debt, adding up to about $1.7 trillion total. Many borrowers might feel like they're drowning; some can't imagine a future where all their ...

  7. Biden forgives $5 billion more in student loans for over ...

    www.aol.com/biden-forgives-5-billion-more...

    The Education Department has forgiven another $4.8 billion in student loans for roughly 80,000 borrowers.

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