Loans
Preparing For Federal Student Loan Payments
The federal student loan freeze on payments and interest expires on April 30, 2022. Here’s what borrowers need to know before student loan payments resume.
Biden Extends Student Loan Freeze
What You Need to Know President Joe Biden signed over a dozen executive orders on his first day in office, including one that extends the student loan freeze. Before the executive action, the pause on student loan payments was set to expire at the end of January under an order from the Trump administration. According …
How I Paid Off My Student Loans: Teagan in Kaohsiung, Taiwan
Welcome to our new series about personal student loan repayment. We’ll be sharing how people got out of debt, whether it was through loan forgiveness, steady payments, or outside help. Submissions are written by readers, with edits made for clarity and editorial standards. We’re looking for more stories like Teagan’s. If you’d like to share …
Student Loan Rates Have Increased
Anyone seeking federal student loans will face higher costs for the 2021-2022 academic year. An increased interest rate for student loans became effective July 1. As a result of the often high cost of college, millions of students and their families choose to borrow money to finance their higher education. About 43 million U.S. residents …
How I Paid Off My Student Loans
Share How you Paid off Student Loans Welcome to our new series about personal student loan repayment. We’ll be sharing how people got out of debt, whether it was through loan forgiveness, steady payments, or outside help. Submissions are written by readers, with edits made for clarity and editorial standards. We’re looking for more stories …
Student Loan Forgiveness For Social Work
As of 2020, American college students owe a total of $1.55 trillion in student loans, according to the Federal Reserve Bank of New York. Nearly 44 million students carry an average student loan balance of $39,350. For graduates of service-oriented programs such as social work, this debt level creates a significant financial burden. Social workers …
What Is Student Loan Consolidation?
Understanding the student loan consolidation process can be complicated. Here, we outline what you need to know to get started.
How Long Will It Take To Pay My Loans Off
Calculate how long it will take to pay off your student loans and learn about repayment options to get out of debt quickly without breaking the bank.
How To Get Out Of College Debt
Facts & Figures and Strategies for Getting Out of Debt Fast Due to the rising cost of college, the phrase “student loan debt” now makes just about anyone cringe. According to Forbes, in 2018 student loan debt reached $1.5 trillion, second only to mortgage debt and beating credit cards and car loans. On the flip side, …