Twenty million people, or nearly 45% of federal student loan borrowers, will see their debt wiped away through President Joe Biden’s student loan cancellation, according to an August press release by the White House. However, for the 23 million borrowers with debt left over, now is the time to develop a payoff plan.
What To Do With Your Remaining Student Loan Debt
Cecilia Clark, NerdWallet.com
Fri, 09/23/2022 - 2:38pm
BING NEWS:
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President Joe Biden ushered in student loan forgiveness for millions, but a Trump presidency has many borrowers concerned.
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If your federal student loan hasn't yet entered repayment, you won't be eligible to enroll in a repayment plan yet. Repayment starts six months after graduation or if your enrollment drops below ...
01/3/2025 - 3:29 pm | View Link - While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.
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Student loan borrowers who have been in a holding pattern now have new repayment options. One expert offers advice about what to consider when making a decision.
01/3/2025 - 4:45 am | View Link - Student Loan Change Could Make It Harder for Borrowers to Buy Houses
Defaulting on student loans may hurt people's ability to meet other financial milestones. One example may be a home purchase.
01/3/2025 - 2:07 am | View Link - More
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