Americans' student loan balance tops $1.6 trillion; nearly half of borrowers haven't resumed payments
Student loan balances exceed $1.6 trillion, and nearly half of borrowers haven't resumed repayments on their loans after the final extension of the repayment pause concluded last year.
Private student loan interest rates drop for 10-year loans, rise for 5-year terms
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Less than a third of Americans approve of how Biden has handled student loan debt
Borrowers with student loans find student loan debt forgiveness important, but not all approve of how loans have been handled.
Parts of Biden's income-based repayment plan SAVE stalls on legal snag
Some of the provisions under SAVE are now stalled as a result of a court-ordered block.
Private student loan interest rates spike for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Many parents saving for college aren’t ready to pay first-year tuition: survey
Almost half (49%) of all parents have a plan to cover the total cost of college before their child enrolls, a recent survey said.
Federal court backs Missouri AG motion to block Biden's 'illegal' student loan handout plan
Missouri Attorney General Andrew Bailey announced that a federal court has granted his motion to block President Biden’s student loan plan.
Most student loan borrowers will struggle to pay at some point: survey
Only 33% of borrowers are repaying student loan debt and 1 in 2 seek relief under an income-driven repayment plan or want outright forgiveness.
Borrowers urged to apply for Navient's private student loan forgiveness
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.
Biden extends time frame to get credit toward student loan forgiveness
Interest rates are up and student loan forgiveness isn't really finalized yet, making for turbulent loan market as we enter into presidential policies.
Credit card spending the leading reason why 78% of Americans have debt regret: survey
Roughly 78% have a financial regret, with 21% saying they most lamented "charging up too much credit card debt," according to the Debt.com survey.
Gen X, boomers among student loan borrowers who owe the most: report
New York, Georgia and California are among states with the most student loan debt. Maryland tops the charts with the most debt among borrowers per capita.
College tuition costs more than students budget for in most cases: survey
Sixty-six percent of college students said college costs were more than they expected and 26% said that these costs rang in at about $10,000, according to a College Ave survey.
Private student loan interest rates continue to fall for 5-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
A large percentage of first-generation students have been impacted by FAFSA challenges
FAFSA issues have caused minority students to delay attending college and have led to severe stress and anxiety for other prospective students.
Veteran who sacrificed his savings to pay for son's college calls student loan forgiveness a 'bitter pill'
Amid the renewed student loan forgiveness push, Daniel French said he feels as though people like himself, who sacrificed so their kids could remain debt-free, are left out of the conversation.
Private student loan interest rates fall for 5-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
$3 million may be paid to private student loan borrowers ignored by servicer – Here's who is impacted
A student loan servicer may be on the hook for ignoring borrowers' requests for payment reduction on loans held by the National Collegiate Student Loan Trusts following a CFPB enforcement action.
Most borrowers delay major life events because of student loan debt: survey
Student loan debt has pushed a majority of Americans to delay major life events, a Gallup survey said.
Biden's student debt handout plan could cost as much as $1.4 trillion
New analysis from the CRFB finds that President Biden's latest student loan handout would bring the total cost of cancellation plans to between $870 billion and $1.4 trillion.