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One of the most pressing concerns for borrowers is the removal of recertification forms for student loan repayment plans, which are essential for confirming their financial situations and family ...
The Education Department reopened the application for all income-driven repayment (IDR) plans on Mar. 26, after a month-long suspension that blocked federal student loan borrowers from enrolling ...
Reports say roughly 5.3 million borrowers are in default on their federal student loans after repayments were put on pause in ...
It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...
Student loan servicers are waiting on the Education Department to provide guidance on recertification for the other three IDR plans, says Scott Buchanan, executive director of the Student Loan ...
More than five million borrowers are in default, and millions of others are projected to be on the precipice. Credit...Monica Garwood Supported by By Tara Siegel Bernard After a five-year reprieve ...