The “on-ramp” repayment plan—a buffer given to student loan borrowers as post-pandemic payment pauses resumed last fall— will end on Monday, Sept. 30; and once again, borrowers will be subject to consequences for late or non-payment. The move comes as the Biden Administration’s broader student relief efforts remain ensnared in legal challenges. [time-brightcove not-tgx=”true”] The 12-month safety net protected student loan borrowers from being reported to credit bureaus, being placed in delinquency or default, or being referred to debt collection agencies if they missed or had a late payment—though interest still accrued on their loans.
Similar Stories to The Student Loan ‘on-ramp Period’ Is Ending. How It Will Affect You on Bing News
Solcyré Burga, Time
Thu, 09/26/2024 - 1:13pm
Topics: americans ldquo;for aissa canchola student borrower protection center sbpc education secretary miguel cardona fresh start advocacy advocates biden&rsquo supreme court&rsquo valuable education save the president joe biden congressional moving starting october january liz pagel consumer lending transunion navient u.s consumer financial protection bureau cfpb ldquo;if fsa sept biden administration&rsquo canchola bañez ldquo;i department education education time save president save borrowers cfpb student loan on-ramp period loans repayment payments plan credit payment program net late applications efforts affordable million servicer safety lawsuits days relief forgiveness broader set default giving debt access submit complaint plans consequences including federal due argue statement ombudsman extend
BING NEWS:
- The Student Loan ‘On-Ramp Period’ Is Ending. How It Will Affect You
T he “on-ramp” repayment plan—a buffer given to student loan borrowers as post-pandemic payment pauses resumed last fall— will end on Monday, Sept. 30; and once again, borrowers will be subject to ...
09/26/2024 - 9:13 am | View Link - As Student Loan 'On-Ramp' Ends, Missed Payments Will Once Again Hurt Your Credit
The student loan “on-ramp” has blocked the worst consequences of missing payments for the past year. The protections end Monday.
09/26/2024 - 6:43 am | View Link - Department Of Education’s Fresh Start Program Set To End
The Department of Education's Fresh Start program is scheduled to end on Sept. 30 but consumer advocacy groups hope it can be extended.
09/26/2024 - 1:30 am | View Link - Student loan ‘on-ramp’ period ends Sept. 30
While many student loan borrows have held back on repayments, borrowers are set to face harsher consequences once again after temporary on-ramp policies end.
09/25/2024 - 6:19 pm | View Link - Two major student loan forgiveness programs end September 30th
A significant deadline is approaching for millions of student loan borrowers across the country. Two major student loan forgiveness programs stop at the end of September. As September 30th approaches, ...
09/25/2024 - 12:15 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more