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

Student loan payments render the holidays unaffordable for many: survey

Soaring costs on everyday items have many Americans wishing they could skip holiday spending, particularly those who resumed paying student

News Room News Room

Nearly a million student loan borrowers back in forbearance following servicer billing errors

The Department of Education withheld $7.2 million in payment to student loan servicers over several billing errors that triggered a

News Room News Room

Arizona-based Christian university announces plans to appeal federally-imposed $37.7M fine

Phoenix-based Grand Canyon University (GCU), the largest Christian university in the U.S., announced plans to appeal a $37.7 million fine

News Room News Room

More student loan borrowers are filing for bankruptcy to offload debt

A growing number of Americans are filing for bankruptcy in order to offload their student loan debt after a three-year

News Room News Room

Private student loan interest rates soar 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

News Room News Room

This week’s student loan loan interest rates fall 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

A quarter of student loan borrowers said they’d boycott repayment

As millions of student loan borrowers prepare to get their first student loan bills in more than three years, some

News Room News Room

Student loan scammers arise as repayment begins

As millions of student loan borrowers prepare to make their first student loan payments in October after a three-year federal

News Room News Room

Domino’s giving $1M in free pizzas to customers facing student loan repayments

Domino's will be making an extension to their new "Emergency Pizza" program and if you're a customer paying off your

News Room News Room

Buy a home in these states to get student loan debt relief

Many Americans said they have to delay major life milestones because of their student loans, but in some states, buying

News Room News Room

College tuition payment plans may put student at risk: CFPB

Tuition repayment plans may seem like a good way to spread out the cost of a college education, but they

News Room News Room

Student loan payments may push some Americans further away from homeownership: survey

The impact of student loan payments, due to resume in October, could set the housing market off track by at

News Room News Room

This week’s private student loan 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

Jobs offering student loan assistance more than double: study

Americans have accrued more than $1 trillion in student loan debt and millions of borrowers will see their first student

News Room News Room

Here’s how borrowers who can’t make student loan payments can avoid defaulting

Borrowers unable to meet their student loan debt obligation come October will be automatically enrolled into a 12-month on-ramp period

News Room News Room

Student loan repayment: Nearly half of Americans with college debt to cut essential spending

With student loan payments resuming after a federal payment pause that lasted more than three years, millions of borrowers could

News Room News Room

Biden administration approves $9B in student loan forgiveness for an additional 125K borrowers

The Biden administration announced Wednesday that an additional 125,000 student loan borrowers would receive a portion of $9 billion in

News Room News Room

Biden administration gears up for second attempt to cancel federal student loans

President Joe Biden announced the next steps toward student loan forgiveness on Friday, which would include a more limited amount

News Room News Room