The Hidden Costs and Long-Term Impacts of Student Loans in Today’s Education Landscape In an era where higher education is often seen as a gateway to success, student loans have…
Supporting adult children can be a difficult and delicate balance for parents. As life gets more expensive, many parents are providing ongoing financial support to their adult children, but this…
The Trump administration has announced that nearly 8 million student loan borrowers in the federal SAVE program will see interest start to accrue again on August 1. The announcement has…
Background of the SAVE Plan The Saving on a Valuable Education (SAVE) Plan was launched by the Biden administration in 2021 as part of a broader effort to alleviate the…
The student loan program is a prime example of government mismanagement, with a complex web of issues stemming from its inception. The government's role in managing student loans has been…
The current status of federal student loan forgiveness opportunities under the Trump administration is a complex and evolving landscape. Changes to Public Service Loan Forgiveness Public Service Loan Forgiveness (PSLF)…
Defaulted Borrowers to Face Collection Efforts US officials will start collecting payments again on May 5, marking the end of a two-year hiatus since the COVID-19 pandemic. The Department of…
The Trump administration's latest move to garnish wages from student loan borrowers who default on their debt is a thinly veiled attempt to further erode the financial security of working-class…
The Revival of Collection Activity on Federal Student Loans The U.S. Department of Education has announced that it will resume the process of involuntary collections, including wage garnishments, on May…
The U.S. Department of Education has been taking aggressive steps to restart collections on federal student loans that are in default, just as new borrowers are entering the system. Currently,…