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Nearly 9 million borrowers missed their first student loan payment after the pandemic-related pause ended this fall, the Department of Education said Friday. That means roughly 40% of the 22 ...
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...
Totally ending payment pause will cause a 16% risk of delinquency. Using data from the May 2021 Survey of Consumer Expectations, the researchers at the New York Fed highlighted how many student ...
The lawsuit argues that the moratorium, which has led to millions of dollars in lost profits for the company’s core refinancing business, has no legal basis.
New research from the New York Fed estimates that student loan borrowers benefitting from the interest-free pause are expecting pain whenever the pause ends.
During the pause — which started in March 2020 and ends next month — 79% of borrowers used the money that would've gone toward student loan payments to meet other financial goals, such as ...
Over three years after the pause began in March 2020, student loan payments will finally resume in October. Since inflation is still elevated, you might wonder whether you can afford to resume your...
With millions of student loan borrowers left in the dark following the temporary blocking of President Biden's student loan relief program by a federal appeals court, the White House has extended ...