Student Loans
Biden administration reverses course, reopens income-based student loan repayment programs
Two student loan repayment plans have been reopened for enrollment by the Department of Education (DOE) following a federal court injunction against the Biden administration's…
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Students may qualify for a financial aid refund from their college under new Education Department proposal
Many students use their federal financial aid to enroll in meal plans at their universities. Traditionally, any unused money from…
Some student loan borrowers are boycotting payments, but the risk is high: survey
Millions of borrowers have missed student loan payments since the October restart and about 1 in 10 are refusing to…
Biden cancels $1.2 billion in student debt six months ahead of schedule
The White House on Wednesday announced that President Biden has canceled another $1.2 billion in student loan debt for more…
Private student loan interest rates trend back down for 10-year loans
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Student loan borrowers facing financial hardship may qualify for Biden’s new round of debt relief
The Biden-Harris administration recently released another proposal to help borrowers handle high-cost student loans. This round of student debt relief…
US Department of Education supports colleges and students amid FAFSA delays
The U.S. Department of Education is stepping in to help colleges process forms faster after the fix to the new Free Application…
More student loan forgiveness is on the horizon, as U.S. colleges commit to cost transparency
The new year brings some major moves in the student loan industry. From a new round of forgiveness to more…
Missed student loan payments set to affect credit scores again by the end of 2024: Here’s how to prepare
When student loans restarted in October of last year, many borrowers were less than excited. The one saving grace for…
FAFSA inflation fix scheduled for mid-March, delays award notification until spring
The Department of Education said it will make important fixes to the new Free Application for Federal Student Aid (FAFSA) form, but…
Borrowers meet challenges as student loans resume and servicers struggle to handle new payments
Student loan borrowers have met multiple hurdles as student loan repayment restarts, a Consumer Financial Protection Bureau report explains. From…
New student loan laws can help borrowers manage better in 2024
The student loan battle rages on as we enter 2024, with key laws going into effect to help borrowers manage…
Private student loan interest rates plummet for 5-and 10-year loans
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Education Department plans inflation fix for new FAFSA
The Department of Education said it will fix a problem with the new Free Application for Federal Student Aid (FAFSA),…
Student loan boycotts can’t stand. Here’s how we make them pay up
It is an undeniable reality: we have reached a new low point in America. Contrary to popular concerns about inflation, interest rates…
Biden cancels another $5 billion in student loan forgiveness – Here’s who is impacted
President Joe Biden canceled an additional $5 billion of student debt last week for 74,000 borrowers, bringing the total number…
‘Loud budgeting’ goes viral: What to know about this hot money trend
A few years ago, social media was the place for young people to share their monetary accomplishments by posting the…
Biden just shortened the timeline to student loan forgiveness for these borrowers
President Joe Biden announced last week that he is shortening the timeline to provide forgiveness for some student loan borrowers enrolled in…
Biden bails out 74K student loan borrowers with $5B in canceled debt
The Biden administration has approved an additional $5 billion in debt cancelation for roughly 74,000 student loan borrowers, the White…