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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...

    Student loans may be discharged through bankruptcy, but this is difficult. [2] Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3]

  5. 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.

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

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

    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 ...

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