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  2. Federal Direct Student Loan Program - Wikipedia

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

    President Bill Clinton set a phase-in of direct lending, by signing into law the Omnibus Budget Reconciliation Act of 1993, [6] although in 1994 the 104th Congress passed legislation to prevent the switch to 100% direct lending. [6] Funding for new direct loans in the Federal Direct Student Loan Program increased from $12.6 billion in 2005 to ...

  3. Student loans in the United States - Wikipedia

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

    Student loans may be discharged through bankruptcy, but this is difficult. [2] Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3]

  4. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Specifically, the borrower must be a "new borrower" as of October 1, 2007, and have received a disbursement of a Direct Loan on or after October 1, 2011. A borrower is a "new borrower" if, when receiving a federal student loan on or after October 1, 2007, the borrower did not have an outstanding balance on another federal student loan. [2]

  5. Aspire Student Loans: How to Track Down and Manage Your ... - AOL

    www.aol.com/aspire-student-loans-track-down...

    Direct Consolidation Loan: You could look to consolidate your Aspire-serviced federal loans into one new federal debt with the loan servicer of your choice. Your overall interest rate wouldn’t ...

  6. PAYE vs. SAVE: Which is better? - AOL

    www.aol.com/finance/paye-vs-save-better...

    PAYE. SAVE. Eligible loans. Direct Loans; FFEL and Perkins Loans if consolidated (loans made to parents are ineligible) Direct Loans, Direct PLUS loans, Direct Consolidation Loans (loans made to ...

  7. Citibank Student Loans: What You Need to Know - AOL

    www.aol.com/news/citibank-student-loans-know...

    My student loans were part of the 2010 deal that sent $28 billion from Citi’s federal student loan portfolio to Sallie Mae. At that same time, Discover also took over more than $4 billion in ...

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