Author: Kenneth A. Merkley

President Joe Biden’s repeated debt repayment freezes and more recent willingness to attempt debt forgiveness for some have left student borrowers puzzled about their own financial futures. Students in debt must decide whether to wait for a blanket debt forgiveness or make the most of Biden’s payment pause — and what to do if or […]

President Joe Biden (Photo by NICHOLAS KAMM/AFP via Getty Images) AFP via Getty Images Student loans will become more expensive this year. Here are the new prices. Here’s what you need to know — and what it means for your student loans. Student loans Bad news for student borrowers: Federal student loan interest rates are […]

The CARES Act allows employers to contribute $5,250 a year to each employee’s student loans. Student loan repayment assistance is a new workplace benefit offered by some companies. You can use this simple email template to encourage your employer to start offering it. Loading Something is loading. It’s safe to say that student loan debt […]

Tasha Kaminsky, director of development at a St. Louis nonprofit, would like to have children. In many ways, the timing couldn’t be better. Kaminsky, 33, is married, has a stable job and owns a house. However, a major obstacle stands in her way: her student debt. It’s been 10 years since Kaminsky took out a […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Weighing the pros and cons of student […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders, all opinions are our own. Credible Market’s latest private student loan interest rates, updated weekly. (Stock) Medium private […]

Activists hold a student loan forgiveness rally near the White House on April 27, 2022. Anna Moneymaker | Getty Images News | Getty Images Throughout the conversation about canceling student loans, a frequently asked question is why cancel student loan debt, and not, say, credit card debt or mortgages? What makes student loans so different? […]

“Global Private Student Loans Market Research Report 2022”This research report offers Covid-19 outbreak study accumulated to offer the latest information on the acute characteristics of the Private Student Loans Market. This intelligence report includes investigations based on Current scenarios, historical records and future predictions. The report contains different market forecasts related to the market size, […]

Photo: DutchNews.nl Dutch student loan agency Duo will be ‘slower’ in denying loans to students from elsewhere in the EU after losing several lawsuits, a spokesperson told NOS. Students from other EU countries with part-time jobs are eligible for loans under EU equal treatment rules, which state that foreign workers must have the same rights […]

Federal student loan payments remain suspended, this time until September 2022. However, if you have a student loan balance, you can still continue to make payments, and that might be a good idea. In April, President Joe Biden again extended the moratorium on student loan repayments that began at the start of the COVID-19 pandemic […]

Earlier this week, my daughter committed to college for neuroscience. It was not an easy discussion. She’s a smart kid – good grades and test scores, an athlete in two sports, president of the school newspaper, honor societies, all of it. She was thrilled to get into one of the best schools in the country. […]

Earlier this week, my daughter committed to college for neuroscience. It was not an easy discussion. She’s a smart kid – good grades and test scores, an athlete in two sports, the president of the school newspaper, honor societies, the whole thing. She was thrilled to get into one of the best schools in the […]

Regarding student loans: In the past, a high school diploma was sufficient, and one could advance in society and find a meaningful career with it. Thanks to taxpayers, secondary education has become free and accessible to all. Nowadays, a high school diploma no longer carries the weight it once had, and thus a bachelor’s degree […]

Last month, President Biden extended the freeze on federal student loan repayments until August 31. This raises many questions: should I start paying now or should I wait? LITTLE ROCK, Ark. – Meet Emily Towe. She’s a lawyer in Little Rock, and like 43 million other Americans, she has student loans. “Right now, I think […]

College is expensive. Parents work multiple jobs, pressure their children to be top of their class in order to win merit scholarships, all in the hope that college will mostly be paid in full. Inevitably, many students and parents have to take out student loans in order to fill the gaps left by financial aid. […]

President Joe Biden (Photo by Drew Angerer/Getty Images) Getty Images President Joe Biden has confirmed that he won’t cancel $50,000 in student loans. Here’s what you need to know — and what it means for your student loans. Student loans In a major announcement Thursday, Biden said he was do not considering $50,000 student loan […]

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 […]

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 […]

President Joe Biden has faced constant pressure from progressive Democrats and supporters of student debt relief to get an estimated 41 million borrowers to forgive student loan debt. In response, Biden announced Thursday that he plans to use his presidential authority to cancel at least some of the debt. But, he pointed out, he intends […]

Former U.S. Vice President Joe Biden, 2020 Democratic presidential candidate, speaks during the Women’s … [+] Leadership Forum conference on October 17, 2019 in Washington DC. (Photo by Eric BARADAT/AFP) (Photo by ERIC BARADAT/AFP via Getty Images) AFP via Getty Images President Biden has privately signaled to Democratic lawmakers that he is prepared to cancel […]

Dear Penny, My boyfriend has old student loans dating back to 1990. At some point he stopped paying them and was a 1099 worker so we know they were never garnished on his paycheck. They don’t show up on his credit reports at all. He has worked on his credit but is still haunted that […]

Placeholder while loading article actions President Biden gave his strongest indication yet during a private meeting with House Democrats that he is about to take major steps to provide student loan relief, a move that could include the cancellation of tens of thousands of dollars of debt for some people. Borrowers are currently enjoying a […]

Placeholder while loading article actions This coming Sunday, May 1, is National College Decision Day — the deadline for high school students to commit to the college of their choice. More than 2 million students are expected to enroll in higher education for the first time this fall. That’s 2 million families deciding how to […]

By: Leslie Silva, Esq. Like most couples, many do not plan to divorce. When you tie the knot, you may think that all your benefits and burdens will be shared with your partner until death do you part. But sometimes life takes you in different directions. Dividing your stuff and going down different paths can […]

The policy options available to him are fraught with issues of equity, economic injustice and sustainability. Long-term structural change would require a complete overhaul of our current system, not just temporary relief for those struggling with loans. And while political analysts generally agree on the need for reform, determining the way forward is a contentious […]

If that’s not an option, one avenue to consider is to contact your student loan officer to switch your federal loan repayment plan to income-based or income-contingent plans, which means the less you earn, the lower your monthly student loan payments. . “These options can help make things more manageable,” says Ellis. Another road to […]

Students of color explain why they took out student loans and how it affects them now and in the future Anxiety is one of the many names that come to mind for those who have taken out student loans to pay for their education. According to the Education Data Initiative, 43.4 million borrowers have federal […]

On Wednesdays, my friend Bob meets me at the treadmills in the gym around 8 a.m. Once the treads spin happily, we take a look at TV headlines such as “New York Democrats Call 100% Income Tax ‘A Good Start’” and “Some Republicans support the issuance of concealed carry permits as part of the birth […]

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 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 […]

Should You Refinance Your Student Loans Before Rates Rise? Getty Although federal student loan payments are still suspended and interest rates are set at 0% until at least August 31, 2022, it is reasonable to believe that monthly payments and interest accumulation will likely resume at course of the next year. Fortunately, federal student loans […]

Four more months. That’s how much time federal student loan borrowers have before their repayments resume. Or maybe not. It is possible that another repayment reprieve will extend the loan pause until the end of this year. But, even if that happens, if you have federal loans, it’s time to start planning for when your […]

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 […]

The question of what to do with student loan debt estimated at $1.6 trillion is a growing headache for Democrats at a time when families grapple with higher costs, but centrist Democrats led by Sen. Joe Manchin (DW.Va.) doesn’t want to fuel inflation further. President Biden is stuck in the middle. Progressives to his left, […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. If you’re struggling with a student loan, […]

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 […]

Source: rafapress/Shutterstock.com 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 […]

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 […]

Typically, student loan refinance lenders only work with applicants who have earned a bachelor’s degree or higher. However, Citizens Bank is an exception to the rule. You can qualify for a loan if you have an associate degree, or even if you left school before graduating. With an associate’s degree — or no degree at […]

When it comes to paying off a student loan, most borrowers opt for the simpler option: regular monthly installments, often withdrawn automatically from a bank account. However, you are not limited to the standard payment schedule. If you choose to pay off your student loans every two weeks instead of once a month, you’ll pay […]

The House recently passed HR 2954 Securing a Strong Retirement Act, called the Secure 2.0 Act, which has overwhelming bipartisan support, with a vote of 414 in favor and only 5 against. The law includes a big benefit for people who are working to pay off student debt but have limited resources to invest for […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. The best time to refinance student loan […]

Here’s what you need to know to Level up and get on with your day. (You can receive “5 Things You Need to Know Today” daily in your inbox. Sign up here.) 1.Ukraine In an emotional speech to the UN Security Council yesterday, Ukrainian President Volodymyr Zelensky accused Russian troops of killing civilians for “pleasure” […]

Tanya Haggins’ mission is to help other students graduate debt-free with her free webinar. CLEVELAND HEIGHTS, OHIO, USA, April 5, 2022 /EINPresswire.com/ — Lakewood University President Tanya Haggins did the unthinkable by forgiving $1 million in student loans – and is using her knowledge -doing to help 99% of its own students will also graduate […]

How to get out of student loan debt Getty Images/iStockphoto Question: I am 55 years old and I am a psychotherapist. I have $197,000 in student loans for four degrees, plus Parent Plus loans for each of my adult children. By the time we were in school, we were barely getting by and some of […]

President Joe Biden may be able to provide significant relief to direct loan borrowers by overhauling an existing student loan forgiveness program, an analyst has said. (iStock) As a presidential candidate, Joe Biden campaigned to forgive $10,000 in student loan debt per borrower. But more than a year into his term, President Biden has yet […]

As prominent Democrats call on the president to extend the payment pause and forgive student loan debt, a group of lawmakers has sent a separate request to two agencies for an update on how the federal government is responding. strives to make debt relief more accessible to student debtors in bankruptcy. More than 45 million […]

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. […]

Ascent offers several student loan options for undergraduate students. You can choose a loan type based on your credit history, income, and career prospects. Co-signed loans If you have a friend or family member with a stable income and good credit who is willing to co-sign your loan application, the co-signed loan option may be […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders, all opinions are our own. Credible Market’s latest private student loan interest rates, updated weekly. (Stock) Average private […]

How to get out of student loan debt. Getty Images/iStockphoto Question: I am attached but I want to be free. I have $80,000 in student loan debt. I work 60 hours a week in 12 hour shifts just to make ends meet. I live check for check because I am the sole breadwinner between my […]

Going to medical school is expensive, especially in New York. For 26-year-old Alexandra Capellini, who is currently completing a year of research between her third and fourth year at the Icahn School of Medicine at Mount Sinai, every dollar counts. Capellini expects to graduate with more than $400,000 in student debt, including $130,000 from undergraduate. […]

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. If you have student loans, don’t forget about them at tax time. Student loans can have several implications on your federal tax return, ranging from reducing your taxable income to losing your […]

CARTIERFEMMESINITIATIVE.COM A FILIPINA entrepreneur seized the opportunity and spoke at a rally for the Cartier Women’s Initiative at the National Gallery in Singapore on International Women’s Day on March 8. Over the past 15 years, the Cartier Women’s Initiative has brought together a diverse community of 262 women impact entrepreneurs from 62 countries who are […]

ggo to university in the United States can be very expensive, with many students ending up enrolling in one or the other federal or private student loans to make ends meet during their studies. Although there is not much students can do to change the interest rates of the aforementioned loans, which are usually set […]

The research reports on “Private Student Loan Market” report provides a detailed overview of factors affecting the global scope of business. The information contained in the Global Private Student Loans Market report provides forecast data on the future growth of the global demand and supply market. The report initially provides a basic overview of the […]