Oct 25, 2024 | Default Management, News, News Inserts, Student Loan Repayment Assistance
The Biden Administration continues to push new student debt relief efforts. On October 25, the U.S. Department of Education released a press release announcing a set of proposed rules that, if finalized, would authorize student loan forgiveness for nearly eight...
Oct 18, 2024 | Default Management, News, News Inserts, Student Loan Repayment Assistance
The end of the federal student loan repayment grace period has been a financial rude awakening for millions of borrowers. After the pandemic-related pause on payments since March 2020, the Department of Education’s 12-month “on-ramp” program, which...
Oct 11, 2024 | Default Management, News, News Inserts
Disaster relief for student loan borrowers is currently available for individuals impacted by FEMA-designated disasters, including Hurricane Helene and Hurricane Milton. If you’re having trouble reaching your servicer or your school’s financial aid office,...
Oct 4, 2024 | Default Management, News, News Inserts, Student Loan Repayment Assistance
The federal student loan “on-ramp” period officially ended at midnight on September 30. This on-ramp gave borrowers 12 months to adjust to making their student loan payments without negative consequences for missed payments. Many Student Loan Borrowers Did...
Sep 20, 2024 | Default Management, News
The temporary restraining order (TRO) blocking the Biden administration’s student debt relief plan has been extended by a federal judge this week. The original order was issued on September 5th following a lawsuit filed by seven GOP-led states attempting to...
Sep 13, 2024 | Default Management, News, News Inserts
12-Month On-Ramp for Federal Student Loans to Expire Soon The Department of Education’s 12-month on-ramp for federal student loans expires September 30th. The on-ramp prevents the worst consequences of missed, late, or partial payments, including negative credit...