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Defaulted borrowers will become subject to wage garnishment to collect their outstanding balances if they don't arrange a repayment plan.
Paying off your student loans doesn't have to come at the cost of saving for retirement or building an emergency fund.
You’re not stuck with the default Standard Repayment Plan. The Department of Education offers several income-driven repayment (IDR) options based on your income and family size. Per the U.S ...
For many student loan borrowers, income-driven repayment (IDR) plans can make monthly payments much more manageable. Rather than simply divvying up the total owed across the loan term, IDR plans ...
The Repayment Assistance Plan is an income-based repayment plan with a progressive payment formula. In simple terms, your monthly payment is tied to your income. Here’s how would work ...
The Department of Education said Monday that it is reworking the income-driven repayment (IDR) plan process to make enrolling simpler and eliminate recertification for existing borrowers.
NEW YORK (PIX11) – Following court actions that briefly paused applications for student loan income driven repayment plans, the Department of Education has updated its options for borrowers.
The Department of Education announced Wednesday it is reopening applications for income-driven repayment plans for federal student loan borrowers. IDR plans allow borrowers to make monthly ...
Most federal student loans qualify for a graduated repayment plan. Graduated repayment plans for consolidated and nonconsolidated student loans are different ... and long-term income trajectory ...