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The student loan unit, which represented nearly 30% of the company's loan volume in the first quarter of 2022, represented just 15% in the first quarter of 2023.
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...
The countdown until the student loan payment pause is lifted in June is ticking, and some experts worry that once payments resume, many Americans may dig themselves deeper into credit card debt ...
Federal student loan payments are set to restart in October after a three-year forbearance pause. Student loans: Democrat calls for payment freeze if the government shuts down [Video] Skip to main ...
Student loans have been paused since last March, but as the federal government prepares to restart the payment machinery in a couple of months, it anticipates a "psychological hurdle" to cross ...
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 ...
As part of the student loan forgiveness plan, there is a clause specifying: “If you made voluntary payments during the payment pause — from March 13, 2020, through Dec. 31, 2022 — and your ...
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.