Consumers power the U.S. economy, and their capacity to spend has repeatedly defied predictions. In early 2020, after a short but severe recession caused by the pandemic, consumers splurged on […]
Student Loans
Trending topics and news from the Student Loans category
Back to news homeDischarging Student Loans in Bankruptcy Show Mixed Results
Alista Lineburg is not a lawyer, but she assumed the role when she couldn’t find one to help her discharge $146,000 of federal student debt in bankruptcy. The process requires […]
How to Think About Financial Aid and Paying for College
The Supreme Court decisions that struck down affirmative action programs and President Biden’s student debt cancellation plan will affect millions of people, whether they’re about to apply for college or […]
Many Student Loan Borrowers Will Continue to Struggle After Supreme Court Ruling
The Supreme Court has barred the Biden administration from carrying out its plan to extinguish up to $20,000 in federal student loan debt, and millions of borrowers will continue to […]
Student Loan Pause Is Ending, With Consequences for Economy
A bedrock component of pandemic-era relief for households is coming to an end: The debt-limit deal struck by the White House and congressional Republicans requires that the pause on student […]
As the Student Loan Payment Pause Ends, Here’s What to Know
After a three-year break, student loan payments are about to come due again.The payment pause on federal loans has been extended eight times since March 2020 as part of a […]
How a Daughter Helped Her Mother Get Her Student Loans Forgiven
“I am going to get my mother’s loans forgiven,” read the email that landed in my inbox 10 months ago. “So if by May, 2023, when I turn 28, you […]
Why SoFi Is Suing to End the Student Loan Payment Pause
The online personal finance company called SoFi first made a name for itself by rounding up money from Stanford alumni to help the university’s M.B.A. students get cheaper student loans. […]
Taking Social Security, Paying Student Debt: Financial Planners Weigh In
Ross Levin, the founder of Accredited Investors in Edina, Minn., considered Ms. Keyser’s question. The Keyser family is right on track with their current plan, one they have created mostly […]
A New Federal Student Loan Program Will Move Millions Toward Forgiveness
Borrowers with one-time payment adjustments that make them eligible for automatic loan forgiveness through the Public Service Loan Forgiveness program are being notified first, the spokesman said. After adjusting those […]