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

News Room News Room 3 Min Read

Your best advisor to finance and money management.

Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.

Latest News

Some student loan borrowers refusing to pay out of protest

Millions of borrowers with existing student loans still have not made a payment since the bills resumed in October after

News Room News Room

Private student loan interest rates trend downward for 10-year loans

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Restarted student loan repayments resurrect $2,500 interest tax deduction

Student loan payments restarting hasn’t been easy for many borrowers, but there’s one good thing that comes from making these

News Room News Room

Private student loan interest rates trend upward for 5- and 10-year loan terms

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Biden announces plan to bail out students for loan debts under $12K

President Joe Biden announced on Friday that some student loan borrowers enrolled in the Saving on Valuable Education (SAVE) plan

News Room News Room

$44.5 million in federal funding going toward rural communities to improve higher education access

At the end of December, the Biden-Harris administration announced $44.5 million in grants to help high school students in rural

News Room News Room

New FAFSA reveal comes with complications, delays

The Department of Education began its soft launch of the overhauled 2024-25 Free Application for Federal Student Aid (FAFSA), allowing students and

News Room News Room

These are the 5 states with the highest and lowest student loan debt balances

Student loan debt has reached well into the trillions topping $1.6 trillion in 2023. With loan forgiveness still not on

News Room News Room

Biden renews ‘keep going’ call on college debt handouts

President Joe Biden reiterated Tuesday his administration aims to "keep going" with canceling federal student loan debt. "My Administration has

News Room News Room

Student loan borrowers struggle to keep up with monthly payments: study

The student loan payment pause officially ended in October, and the resumption of student debt payments hasn’t gone smoothly for

News Room News Room

Millions of student loan borrowers still aren’t paying their bills

Millions of Americans strapped with student loan debt are still not paying their bills after a three-year payment hiatus ended

News Room News Room

Biden forgives another $4.8 billion in federal student loan debt, but alternative relief plan hits a snag

President Joe Biden's administration announced an additional $4.8 billion of student loan forgiveness related to fixes made by the U.S.

News Room News Room

Private student loan interest rates plunge for 5-year loans

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Here’s who may qualify for $10,000 in student debt relief under Biden’s new forgiveness plan

The Department of Education revealed more details about President Joe Biden's new forgiveness plan, which is less broad-based than the

News Room News Room

Here’s how high interest rates can help build your savings

Middle-income Americans could be missing out on a chance to offset high inflation and rising costs by earning more on

News Room News Room

Private student loan interest rates spike for 5-year loans only

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Biden administration’s push to forgive student loan debt is almost ‘un-American’: Kevin O’Leary

Biden’s decision to cancel student loan debt is, once again under fire, causing one popular investor to label the act

News Room News Room

Americans are worried about paying back their student loans

A growing number of Americans are worried about defaulting on their student loan debt after a three-year payment hiatus, according

News Room News Room