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  2. Appeals judge rules student loan payment cuts can proceed ...

    www.aol.com/finance/appeals-judge-rules-student...

    In the news. As of July 19, 2024, all student loan payments under the SAVE Plan has been put on hold due to an ongoing appeals process as Republican-led states challenge the plan’s legality.

  3. Student Loan Forgiveness: Update to Biden’s REPAYE Program ...

    www.aol.com/student-loan-forgiveness-biden...

    Among several recent proposed changes the Education Department has announced, it has updated the timeline for student loan borrowers seeking forgiveness under a one-time account adjustment ...

  4. Biden administration canceling student loans for another ...

    www.aol.com/news/biden-administration-canceling...

    The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on ...

  5. FedLoan is no longer handling federal student loans: Here’s ...

    www.aol.com/finance/fedloan-no-longer-handling...

    FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. ... The former servicer also hinted at issues regarding the complexity of the federal student loan program ...

  6. House Republicans could raise student loan bills to pay for ...

    www.aol.com/house-republicans-could-raise...

    But the average student loan borrower could pay nearly $200 a month more if the GOP plans to reshape the repayment program succeed, according to an early estimate by The Institute for College ...

  7. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...

  8. Harris-Biden administration extends student loan repayment ...

    www.aol.com/harris-biden-admin-extends-student...

    The Harris-Biden administration extended a moratorium Monday on federal student loan repayments pending the outcome of legal challenges against the debt cancelation plan.. Roughly 8 million ...

  9. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The program replaced the earlier Federal Family Education Loan (FFEL) program which issued "guaranteed loans" — loans originated and funded by private lenders but guaranteed by the government. The FFEL program was eliminated because of a perception that it benefited private student loan companies at the expense of taxpayers, but did not help ...

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