Why Is Student Debt a Problem? Understanding the Student Loan Crisis in America Why Is Student Debt a Problem? The U.S. economy is facing increasing financial pressure due to global events. These international issues are impacting Americans in every state—especially younger generations trying to improve their financial future. Young Americans struggle…
Fed Loan Program Is Ending: What It Means for Student Loan Borrowers The Fed Loan Program is ending, and with it, FedLoan Servicing will cease its contract with the U.S. Department of Education. This major change in the student loan servicer landscape will affect millions of federal borrowers in the coming months. FedLoan…
Student Loan Forgiveness: Department of Education Announces Major Relief Student loan forgiveness is taking a big leap forward. On Tuesday, April 19, 2022, the current presidential administration and the U.S. Department of Education announced sweeping reforms for student loan forgiveness and income-based repayment programs. Immediate Student Loan Forgiveness for Thousands The…
Student Loan Debt Crisis Statistics: A Financial Reality for Millions Student loan debt crisis continues to burden millions of Americans, especially in today’s economic climate of inflation, rising gas prices, and post-COVID recovery. Understanding how student loan debt affects you is the first step toward financial freedom. Understanding the Scope of Student…
Student Loan Debt Relief Important Updates Student loan debt relief remains a major concern for many Americans. The ongoing coronavirus pandemic has affected Americans in a variety of ways, especially financially. Many people are still out of work or struggling to get by with reduced incomes, forced to decide where to…
Student loan debt can impact your future more than you may realize. It’s dangerous to sit on your student loans for longer than necessary, especially if you’re struggling to make full payments. Whether you’re considering taking out loans or are worried about upcoming payments, it’s important to understand how thousands of…
Student Loan Repayments: Ways To Prepare For 2021 Student loan repayments are coming back, and it’s important to be ready. With over $1.6 trillion in student debt and an uncertain federal landscape, preparing for payments is essential to financial stability. Whether you’re a student, graduate, or borrower, now is the…
Get Out Of Debt: A Student Loan Relief Guide If you’re struggling to get out of debt from student loans, you’re not alone. Whether you’re just starting repayment or have carried your loans for years, now is the time to take control. With the right strategy, you can reduce what…
What Happens to Student Loans When You Die? Understanding the fate of your student loans after death is crucial for both borrowers and their families. This guide explores how federal and private student loans are handled upon death, the implications for co-signers and spouses, and the tax considerations involved. LendingTree+3Bankrate+3LendingTree+3 Federal…
How To Reduce Private Student Loan Debt Before It Gets Worse Private student loan debt can feel like a never-ending burden, especially when you’re constantly hearing about federal student loan forgiveness programs that don’t apply to you. Unfortunately, private student loan forgiveness is rare. However, there are still effective ways to reduce private student loan debt and…
