student loans

40% of Borrowers Have Not Resumed Payments on Student Loans
40% of Borrowers Have Not Resumed Payments on Student Loans
December 18, 2023  |  Consumer Finance

The burden of student loan debt continues to weigh heavily on millions of Americans, as evidenced by the significant number of borrowers who have not...

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Biden Erases $127 Billion in Student Debt Despite Court Ruling
Biden Erases $127 Billion in Student Debt Despite Court Ruling
November 12, 2023  |  Loans

The federal government has erased more than $127 billion in student loans since 2021. That debt forgiveness came from changes to existing programs, Bloomberg News...

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Earnest and Payitoff Partner on Reduced Student Loan Payments
Earnest and Payitoff Partner on Reduced Student Loan Payments
October 23, 2023  |  Loans

Student finance FinTech Earnest and debt guidance firm Payitoff have teamed to help borrowers lower student loan payments. The two companies on Monday (Oct. 26) announced the launch of their...

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Student Loan Borrowers Face Incorrect Bills and Hours on Hold
Student Loan Borrowers Face Incorrect Bills and Hours on Hold
October 15, 2023  |  Loans

The resumption of student loan payments has challenged borrowers in more ways than one. As reported here, the return of loan payments following their COVID-fueled...

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Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

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Consumer Strength Challenged as Spending Drops
Consumer Strength Challenged as Spending Drops
October 01, 2023  |  Consumer Insights

Times are tough for the American consumer, even without new student loan payments. A report Saturday (Sept. 30) by Bloomberg News catalogs the various ills: High gas...

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CFPB Eyes Tuition Payment Plans as Students Return to School
CFPB Eyes Tuition Payment Plans as Students Return to School
September 27, 2023  |  Buy Now Pay Later

It’s the end of September, summer’s a distant memory, and students are only a few weeks into settling into the routine of books, homework, and...

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Millennials Focus on Mental Health as Student Loan Repayments Loom
Millennials Focus on Mental Health as Student Loan Repayments Loom
September 18, 2023  |  News

As the October resumption of federal student loan repayments approaches, the financial strain of repaying these loans is expected to have a significant impact on...

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Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending
Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending
September 18, 2023  |  Economy

Just a few weeks from now, federal student loan payments resume, ending a moratorium that had been in place since the onset of the pandemic...

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