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Mandel Ngan, AFP / Getty Images America's student loan debt problem is nothing new: For years, the media has been offering up a flood of stories about people facing decades of debt repayment and ...
President Obama's 2015 budget proposed substantial changes to the Pay as You Earn program. In addition to extending the program to all borrowers, regardless of when their first loans were disbursed, it proposed certain limits to PAYE that are designed to "protect against institutional practices that may further increase student indebtedness, while ensuring the program provides sufficient ...
The Obama administration estimates that close to 8 million borrowers will be affected by the student loan initiative trumpeted by the president in a speech at the University of Colorado-Denver on ...
Student loan forgiveness has become a hot-button issue ever since President Joe Biden promised it on the campaign trail in 2020. While broad student loan forgiveness was struck down by the Supreme...
For many students graduating from college, figuring out how to repay their student loans is easier said than done. Six in 10 students who graduated with a bachelor's degree in 2015-2016 left ...
Payments under the IBR Plan are 10% or 15% of discretionary income but never exceed the 10-year standard repayment amount.. Whether a borrower pays 10% or 15% of discretionary income depends on when the borrower first started borrowing student loans.