Payments on federal student loans are set to kick back in for roughly 37 million borrowers in just over a month. But with the May 1 end of the payment pause rapidly approaching, signals have been mixe...
Tag: Student
Obama Education Secretary Says Biden Should Cancel Student Debt
Topline Inaction by the Biden administration on canceling student loans would cause “tremendous disillusionment” from voters who are crucial to the Democratic Party, former Education Secretary John Ki...
US federal borrowers saved $200 billion during student loan pause — Quartz
An estimated $195 billion worth of US student loan payments has been waived since the federal government enacted a freeze in March 2020 in response to the coronavirus pandemic. The Federal Reserve Ban...
I’m 65 and have $220K in student loan debt. I have a lot of health issues and am only working part-time. Can I somehow erase this debt?
Remember, if you’re having difficulty making payments due to low or no income, you may be eligible for a low or $0 payment by enrolling in an income-driven repayment plan Getty Images/iStockphoto Ques...
My son failed out of school and has $126K in student loan debt. What can we do?
How to get out of student loan debt Getty Images/iStockphoto Question: My son was studying in a pharmacy program and at the end of the last semester, the college kicked him out due to his non-performa...
Only 18% of federal borrowers paid their student loans during the pause. That could make things complicated when payments restart
Since the start of the pandemic, most federal student loan borrowers have had their payments paused, and interest rates are set at zero. But not every American has been able to take advantage of these...
7 Tips For Investing As A College Student
getty Key takeaways Investing early is one of the best ways to build long-term wealth, which makes your college years an ideal time to start Before trading stocks in college, you’ll want to set your g...
As President Biden Prepares To Extend Loan Repayment Pause, Governors Address Root Causes Of The Student Debt Crisis
The White House is considering an extension of the student loan repayment pause until 2023, along … [+] with various ways to cancel student debt. getty While members of Congress are calling for ...
Student Loan Delinquencies Expected To Spike In May With End To Freeze That Waived $195 Billion In Payments
Topline In less than six weeks, a majority of federal student-loan borrowers could be forced to start making payments on their debt for the first time in more than two years, and based on repayment tr...
I now owe 3x what I originally borrowed in student loans. What can I do?
Borrowers with less-than-perfect credit records face challenges while climbing out of debt, and they can get steeper when you’re older because income tends to plateau. Getty Images/iStockphoto Questio...
I graduated college at 40, but defaulted on my student loans. How can I deal?
How to get out of student loan debt Getty Images/iStockphoto Question: I am about to turn 65 and eligible for Medicare. I have a bachelor’s degree in business and organizational communications and an ...
Will Biden Again Pause—Or Cancel—Your Student Loans? Here’s What We Know.
Topline Millions of Americans with federal student loan debt are set to resume payments on May 1, after President Joe Biden has paused payments throughout the pandemic—but recent signals from the U.S....
I took out $30K in student loans, but they now total $96K. How is this possible?
How to get out of student loan debt Getty Images/iStockphoto Question: I’d like to obtain advice on tackling student loan debt. I do not have private loans, and I owe approximately $96,000. I’m so con...
My mom cosigned student loans for my now-disabled sister. How can we repay them?
How to get out of student loan debt. Getty Images/iStockphoto Question: My mom cosigned my sister’s student loan for her online school, but life got in the way for my sister and because of her mental ...
NFT Scam: Chinese Student Takes The Bait, Clicks Trap Link, Loses $548,000
A senior student at Shanghai’s Tongji University fell victim to an NFT scam, losing around $548,000 after his non-fungible token was stolen through a phishing scam. The NFT artwork which Niq Chen boug...
Crypto VC Paradigm hires anon developer and high school student as research engineer
advertisement Anonymous developer Transmissions has joined crypto derivatives platform Paradigm. He tweeted the news that they had joined as a research engineer today. Transmissions will continue to c...
I’m 35 and have $380K in student loans. How to get out of student loan debt fast
Getty Images/iStockphoto Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters d...
Education Department won’t seize tax refunds for overdue student loans
Miguel Cardona, U.S. Education Secretary, at the Queen Theatre on Dec. 23, 2020 in Wilmington, Delaware. Joshua Roberts | Getty Images News | Getty Images The U.S. Department of Education has suspende...
I took out student loans for my now-imprisoned son. I owe $50K. Please help.
From student loan forgiveness to refinancing, some options to consider. Getty Images/iStockphoto Question: I just turned 60 and will probably have to work 20 more years. I currently owe about $50,000 ...
‘My husband refuses to pay my student loans.’ Is there some loophole to get him to pay?
How can you get out of student loan debt faster? Getty Images/iStockphoto Question: I am married but unemployed, and my husband refuses to pay my student loans, which I had before we were dating. Do I...
How Canceling $15 Billion In Student Loans Impacts The Racial Wealth Gap
Portrait of a young African American male student wearing a protective face mask and his headphones … [+] around his neck, walking trough the city in a yellow shirt with a backpack, a book and a...
MBA Student By Day, ‘Hamilton’ Dancer By Night
It’s one thing to be an MBA student. It’s another to be an MBA student while performing six days per week in the Hamilton ensemble. For Sam Aberman, a Fully Employed MBA (FEMBA) student at UCLA Anders...
‘This feels very unfair.’ I’m 73 and worked full-time in education. Over 17 years, I made only one late payment on my student loans. I still owe $12K. Can you help?
Getty Images/iStockphoto Question: I’m 73 years old. I took out student loans in 1999 and consolidated in 2004. I have made only one late payment in the 17 years I’ve repaid. I worked full time at two...
Most Student Debt Belongs To High-Wealth Households
getty Discussions of student debt too often neglect the fact that loans are intended as an investment vehicle. Students borrow money to finance an education, which is supposed to confer economic benef...
I’m an attorney with more than $200K in student loans. How should I handle this?
Getty Images/iStockphoto Question: I’m an attorney with over $200,000 in federal student loan debt, and I desperately want to file for bankruptcy on these loans. I’m on an income-driven repayment plan...
I only make $41K a year, but owe $189K in student loans. What should I do?
Advice for paying down student loans Getty Images/iStockphoto Question: “I will owe about $189,000 on my student loans when repayment starts. I’m so stressed. I got let go from my job and lost my apar...
I’m a nurse with $106K in student loan debt. How can I get out of debt faster?
Getty Images/iStockphoto Question: I have a graduate degree in nursing and a stable job, but I’m still $106,000 deep in student loan debt. Recently, when all student loan payments were suspended, I wa...
Indonesian Student “Ghozali Everyday” Selfie NFT Collection Sold for $1M
An Indonesian student has become a millionaire after his selfies were sold in the form of non-fungible tokens (NFTs) for $1 million on mainstream NFT marketplace OpenSea. Per the report, Sultan Gustaf...
Navient to cancel $1.7 billion in private student loans as part of settlement with 39 attorneys general
Roughly 66,000 borrowers will see their private student loans canceled — totaling more than $1.7 billion in relief — thanks to a deal between 39 state attorneys general and student-loan giant Navient ...