Student Loans

Personal Finance 2024-04-29T20:29:54Z

Average American Debt in 2024: Household Debt Statistics

The average American debt is over $104,000 per person in 2024, mostly in mortgages and student loans. Here's the average debt in America.
Economy 2024-04-29T20:17:06Z

More than 1 million student-loan borrowers could soon be transferred to a new company after their servicer requested a lighter load, the Education Department says

The Education Department agreed to student-loan company MOHELA's request to transfer some of its borrowers, requiring those impacted to take action.
Personal Finance 2024-04-29T19:36:52Z

Current Student Loan Interest Rates in April 2024

See the latest private and federal student loan rates. Learn about the differences between the two options and which type is right for you.
Personal Finance 2024-04-29T18:39:29Z

Best Student Loans for Bad Credit of May 2024

Find the best student loans for bad or no credit. Explore options from Ascent, Citizens Bank, College Ave, MPower, and SoFi.
Personal Finance 2024-04-29T18:37:11Z

Best Student Loan Refinance Companies of May 2024

Discover the best student loan refinance companies for your education budget. The top student loan refinance company can help you save big and give you the best rates.
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Personal Finance 2024-04-29T18:33:50Z

Best Student Loans Without a Cosigner of May 2024

The best student loans without a cosigner include federal loans and loans from Ascent, Funding U, MPower Financing, AM Money, Prodigy Finance, and Stride.
Personal Finance 2024-04-29T18:30:30Z

Best Graduate Student Loans of May 2024

The best graduate student loan lenders include Ascent, College Ave, Earnest, Sallie Mae, and Custom Choice. Federal loans are an even better choice.
Personal Finance 2024-04-29T17:59:56Z

Best Low-Interest Student Loans of May 2024

The best low-interest student loans have excellent rates for borrowers with great credit, as well as minimal fees. Our picks include Earnest and SoFi.
Personal Finance 2024-04-29T17:54:20Z

Best Private Student Loans of May 2024

Explore the best private student loans to meet your needs regardless of your financial situation. Find the right loan and interest rate for your education.
Personal Finance 2024-04-26T19:47:45Z

EFC: The Key to Understanding Your Financial Aid

Understand what your Expected Family Contribution (EFC) means, how it's calculated, and its role in determining your financial aid eligibility.
Personal Finance 2024-04-26T17:31:03Z

Track Your FAFSA: Where's It At?

Learn how to track your FAFSA application status online, by phone, or via email. Get answers on processing times and next steps.
Personal Finance 2024-04-25T17:22:51Z

What Is FAFSA?

Understand what the FAFSA is, why it's crucial for getting college financial aid, and the key steps involved in completing this important application.
Personal Finance 2024-04-25T16:52:09Z

How to Complete the FAFSA Application: Step-by-Step

Learn how to fill out the FAFSA form, meet deadlines, and get the financial aid you need for college. Get expert tips and answers to common questions.
Personal Finance 2024-04-24T18:47:12Z

Student Loan Default: A Guide to Prevention and Solutions

Understand what student loan default is, the serious consequences, and how to prevent it or get back on track if you've already defaulted.
Economy 2024-04-21T10:18:01Z

A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India

Joel Lambdin, 49, said his student-loan forgiveness wasn't a "jump for joy" situation but a weight off him he didn't realize was there.
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Economy 2024-04-18T13:01:01Z

Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with 'decades-old predatory private' loans. Here's how.

Millions of student-loan borrowers are being transferred from Navient to MOHELA. Elizabeth Warren wants some of their debt to be canceled first.
Economy 2024-04-17T17:06:56Z

Biden's new student-loan forgiveness plan just began its 30-day public comment period — and anyone can tell the administration what they think of the relief

The draft text for Biden's new student-debt cancellation plan is out, and anyone in the public can provide input on what the relief should look like.
Economy 2024-04-17T09:46:02Z

Student-loan borrowers have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000

A new Gallup survey found that 71% of student-loan borrowers have put off key life events, including finishing their degrees, because of their debt.
Economy 2024-04-16T12:45:01Z

Biden's new plan for student-loan forgiveness is entering its next key stage — and millions of borrowers will have a say on what the relief looks like

Biden's administration released its first set of draft rules for its new student-loan forgiveness plan, and borrowers have 30 days to comment on them.
Economy 2024-04-15T13:41:31Z

How an unrelated Supreme Court decision could jeopardize Biden's new student-loan forgiveness plan before it even goes into effect

While Biden's new student-loan forgiveness plan isn't set to go into effect until the fall, a separate Supreme Court decision could complicate things.
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