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More than 45 million Americans are paying off student debt, with the average borrower owing $37,338 for federal loans. Those with private loans owe an average of $54,921. Naturally, they're eager ...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
Student loan debt can quickly get out of hand if you’re not careful. Even if you are managing to make the payments every month, it can feel overwhelming. You need a good strategy to pay them off ...
If you made payments after March 13, 2020, you may be eligible for a refund . The bad news: If you paid off your federal student loans before March 2020, you are not expected to be eligible for ...
Borrowers who hold eligible federal student loans and have made voluntary payments since March 13, 2020, can get a refund, according to the Department of Education. For some people, that refund ...
According to Experian data, the average student loan balance for all borrowers was $38,787 in 2023. Americans owed $1.75 trillion in some sort of education debt as of the first quarter of 2024, per...
Borrowers who regret paying off their student loans during the pandemic may be able to get a refund and benefit from the one-time forgiveness.
The tax forms concerning these student loans scenarios include: Form 1098-E: Also known as the Student Loan Interest Statement , this lender-sent form tallies your interest paid to help you claim ...