Nov 8, 2024 | Default Management, General, News, News Inserts, Student Loan Repayment Assistance
The 2024 election has handed control of the White House and Senate to the Republican Party, with a potential GOP majority in the U.S. House of Representatives. The incoming administration is expected to introduce federal student loan policy changes to undo forgiveness...
Nov 1, 2024 | Default Management, General, News, News Inserts, Student Loan Repayment Assistance
Student Loan Forgiveness Court Challenges Continue Last week, the 8th Circuit panel of judges questioned the Biden administration’s authority under the Higher Education Act to grant debt forgiveness in the Saving on a Valuable Education (SAVE) plan. The SAVE...
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...