Month: April 2022

Start college off right: The best student loans to fund your education, Money News

During this time of year, students receive their college admissions and decide which college they will attend in the upcoming academic year. It’s an exciting time given the high expectations that come with pursuing an education, and these degrees can dramatically increase the earning potential of future graduates. However, the cost of college education is […]

Student loans: Here’s what borrowers will cut from their budgets when payments resume

fizkes/Getty Images/iStockphoto On September 1, the federal student loan pause is set to end, and 43 million Americans who have been affected by the pause will begin repaying. While several payment schedule extensions have given borrowers breathing space during the pandemic, they are feeling the pressure of having gone 18 months without a payment and […]

Impact of COVID-19 on Online Payday Loans Market Share, Size, Trends and Growth from 2022 to 2031 –

A recent report on the world Online payday loans market published by Market Reports provides a global overview and assessment of opportunities at the moment. The study provides an in-depth examination of key market trends. To forecast the growth of Online Payday Loans with the utmost accuracy, analysts consider both historical and current growth parameters. […]

Payday Loans Market Size, Share, Demand and Forecast Report

Allied Market Research recently published a report titled, “Payday Loans Market by Type (In-Store Payday Loans and Online Payday Loans), Marital Status (Married, Single, and Others), and Customer Age (Under 21, 21 -30, 31-40, 41-50 and over 50: Global Opportunities Analysis and Industry Forecast 2021-2030”. Download sample report (PDF report over 200 pages) @ […]

Private Student Loan Market to See Huge Growth by 2028: Citizens, Purefy, EDvestinU

This press release was originally distributed by SBWire New Jersey, NJ – (SBWIRE) – 04/20/2022 – The latest research study published by HTF MI “Private Student Loans Market” with over 100 pages of analysis on business strategy taken up by key and emerging players in the industry and provides know-how of current market development, landscape, […]

Kentucky enacts license requirement for private and federal student loan servicers | Ballard Spahr LLP

Kentucky recently enacted HB 494, titled the “Student Education Loan Servicing, Licensing, and Protection Act of 2022,” which will require student loan servicers to be licensed in Kentucky. The Act applies to administrators of private student loans and federal student loans. Private student loan servicers must submit a license application to the Commissioner of the […]

CFPB publishes blog post on the release of private student loans in bankruptcy | Troutman pepper

On April 12, the Consumer Financial Protection Bureau (CFPB) published a blog post titled “Busting Myths About Bankruptcy and Private Student Loans.” In the blog post, the CFPB argues that some private education loans can be canceled in the event of bankruptcy. Specifically, the CFPB argues that the following private student loans can be canceled […]

Child tax credit payments helped parents avoid selling plasma and take out payday loans

Monthly cash payments from the federal government last year may have helped some parents avoid taking out payday loans or selling their blood plasma to pay their bills. According to a new report released with the Brookings Institution’s Global Economy and Development Program by researchers from the Social Policy Institute at Washington University in St. […]

FUN Bank Partners with PHEAA for Student Loans ::

CLARION CO., Pennsylvania (EYT) – FUN Bank has partnered with the Pennsylvania Higher Education Assistance Agency (PHEAA) to help customers finance their higher education through the borrower-friendly PA Forward Student Loan Program. The PA Forward Student Loan Program is a suite of trusted loans for undergraduate and graduate students and parent borrowers, plus a PA […]

SOFI stock will continue to suffer, and not just from student loans

Source: rafapress/ If you haven’t heard yet, Sofi Technologies (NASDAQ:SOFI) had to reduce its orientations. The decision by President Joe Biden’s administration to extend the moratorium on the repayment of federal student loans on April 6 prompted the financial firm to make its decision. Naturally, SOFI stock fell after the expansion was announced. The company […]

Here’s how to prepare for August

Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Student loan borrowers have a bit more time to defer repayment as President Biden on Wednesday […]

Which is the best to borrow?

Tero Vesalainen/Getty Images/iStockphoto If you’re thinking of borrowing money for college, you’ll have plenty of company. Nearly 45 million Americans hold $1.71 trillion in student loans. Before taking on what could be decades of debt, it’s important to understand the many key differences between your two main choices: federal student loans and private student loans. […]

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