When you refinance, you replace your existing student loan(s) with a new loan that has either a lower interest rate, a lower ...

After a five-year pandemic-related payment freeze, the Education Department announced it will resume collections of its ...

With more than 90% of student ... private loan or is considering borrowing from a bank to pay for school, you may want to keep tabs on the Federal Reserve’s future decisions. How does the ...

Experts say recent graduates with loans should choose the repayment option that makes the most sense for them now and expect ...

Missed payments can remain on your credit report for up to seven years. Lenders look ... loan servicers for more information. If you anticipate struggling with student loan payments, you do ...

The hammer is coming down on federal student loan ... student loan policies," Secretary of Education Linda McMahon said in a statement. "Borrowers who don't make payments on time will see their ...

The announcement marks the first time in five years that the federal government may penalize Americans who fall behind on their student loan payments ... is] trying to do is get rid of, if ...

ATLANTA — Major decisions on credit card fees, bank ... a statement. The department said about almost 25% of the federal student loan portfolio will be in default for not making monthly payments ...

In some cases, federal student loan borrowers can also be sued by the U.S. Department of Justice, and face a levy on the funds in their bank accounts, he said. Social Security recipients can typically ...