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President Trump’s new tax and spending law brings sweeping changes to the federal student loan system, affecting both current ...
The newly created Repayment Assistance Plan, available for borrowers starting July 1, 2026, will qualify for the Public ...
Key Points ・The Department of Education will cancel 460,000 SAVE Plan applications, nearly one-third of its backlog. ・Borrowers must reapply for other repayment plans, which could result in higher ...
Public Service Loan Forgiveness (PSLF) discharges borrowers' federal student loans after they make 120 qualifying student loan payments while working for the government or a nonprofit.
Key Points ・The "Student Loan Tax Bomb" is a term that refers to the taxes owed on forgiven student loan debt in some ...
Some student loan borrowers who benefit from Public Service Loan Forgiveness may soon see changes to their repayment plans.