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  2. Student loan servicers’ ‘gross servicing failures’ impact ...

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

    Ask your employer about SECURE 2.0. If your company has a matching retirement plan, ask about this new provision in SECURE 2.0 that counts student loan payments toward your 401(k).It's effective ...

  3. The deadline to consolidate some student loans to receive ...

    www.aol.com/news/deadline-consolidate-student...

    If you have multiple federal student loans, you can combine them into one loan with fixed interest. If you decide to consolidate your loans into a Direct Consolidation Loan, you can do so for free.

  4. Have Bad Credit? You Can Still Consolidate Some of Your ...

    www.aol.com/finance/bad-credit-still-consolidate...

    However, private lenders have strict lending guidelines for private student loan consolidation and refinancing. How to Consolidate Federal Student Loans. With federal student loans, the Department ...

  5. What is student loan default? - AOL

    www.aol.com/finance/student-loan-default...

    Consolidation. With federal student loan consolidation, you combine your existing federal student loans into one new one. To qualify for this plan for defaulted loans, you must do one of the ...

  6. What to know about Public Service Loan Forgiveness (PSLF) - AOL

    www.aol.com/finance/know-public-loan-forgiveness...

    Public Service Loan Forgiveness (PSLF) is a federal student loan forgiveness plan. The PSLF program forgives remaining student loan balances for borrowers in the Direct Loan program after 120 ...

  7. Health Care and Education Reconciliation Act of 2010

    en.wikipedia.org/wiki/Health_Care_and_Education...

    For new borrowers of loans starting in 2014, those who qualify would be able to cap the amount they must spend on loan repayment each month to 10% of their discretionary income, down from 15%. [24] For new borrowers after 2014, loans would be eligible to be forgiven to those who make timely payments after 20 years, down from 25 years previously ...

  8. Education Management Corporation - Wikipedia

    en.wikipedia.org/wiki/Education_Management...

    In 2022, the EDMC schools Argosy University, The Art Institutes, Brown Mackie College, and South University were among 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the ...

  9. 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]

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