A wave of student loan borrowers has entered default
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See how to handle federal student loan issues — from servicer errors to repayment delays — and understand the latest changes to borrower protections in 2025.
Kristen Grau is a staff writer for the Forbes Advisor News Desk. She has over six years of finance writing experience and has previously written for sites like LendingTree, ValuePenguin and Debt.com. Aaliyah Pasols is an award-winning journalist and editor ...
Pandemic-era federal student loan protections have expired, and millions of borrowers who haven’t resumed payments are facing default. At the same time, borrowers are dealing with repayment plan changes, annual income recertification and the upcoming ...
'Time is running out': For years, parents have struggled under the weight of the loans they took on to help their kids pay for college. It's about to get worse, advocates warn. Parents will often do whatever it takes to help their kids get to college.
The Fresh Start Program can move your loans out of default and help you qualify for forgiveness options -- but you have to apply by Sep. 30. Rebecca Safier Contributor Rebecca Safier is a personal finance writer and certified student loan counselor who ...
Deferment is typically granted as the result of a qualifying event, like returning to school. Sallie Mae® offers deferment for private student loan borrowers while they're in school, working an internship or participating in a residency, fellowship or clerkship.
After years of payment pauses, changing repayment programs and shifting federal student loan policies, many borrowers are once again paying close attention to their educational debt. But while student loans are often viewed as a concern that's limited to ...
If you’re having trouble keeping up with student loan payments, you may have a little more breathing room to find a repayment plan that fits your budget before the Department of Education restarts collection actions. Consumer Reports explains how to use ...
Add Yahoo as a preferred source to see more of our stories on Google. The U.S. Department of Education has suspended its plan to start wage garnishment for defaulted student loan borrowers, extending the pandemic-era pause on collection efforts once more.
If you’re having trouble keeping up with student loan payments, you may have a little more breathing room to find a repayment plan that fits your budget before the Department of Education restarts collection actions. Consumer Reports explains how to use ...
