News & Events

September 2ndth, 2022

  • Time - 11:00 AM CST
  • Length - 1 hour

During this session, we will cover updates to Federal student loan policies:

  • Repayment Resumption
  • Loan Forgiveness
  • Servicer Changes
  • IDR Payment Count Revisions

Updates to IonTuition’s Employer Services

IonTuition, the leader in providing student loan repayment assistance to over 2 million students and employees across the U.S. is making several changes that will impact our stakeholders: Relaunching IonLEARN  - Financial Wellness In the coming weeks, ION will...

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Student Loan Default Predictions

Artificial intelligence has a role in higher education, but it won't help analyze or predict which student loan borrowers will become delinquent or default. AI will not be able to predict actions colleges and universities can take to alleviate the issue. The...

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Shorter Time to Forgiveness for SAVE Plan

The Biden-Harris Administration announced it will grant forgiveness to borrowers on the Saving on a Valuable Education (SAVE) Plan beginning in February. Borrowers who originally took out $12,000 or less for college and make ten years of payments will have their debts...

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Student Loan Repayment Problems Continue for Borrowers

The three-year, COVID-era student loan payment pause officially ended in September. The first payments were due in October. Since then, borrowers have faced long hold times to connect to representatives at their federal student loan servicer, payment processing...

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The New SAVE Plan for Student Loan Repayment

The Saving on a Valuable Education (SAVE) Plan replaces the existing Revised Pay As You Earn (REPAYE) Plan. The SAVE plan is an income-driven repayment option. Borrowers earning less than $15 an hour may have loan payments as low as $0 per month. Borrowers...

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SCOTUS Decision on Student Debt Relief

SCOTUS Blocks Biden’s One-Time Student Loan Cancellation Program The U.S. Supreme Court has rejected the Biden administration’s proposal to cancel student loan debt. The court ruled today on two cases: Biden v. Nebraska and The Department of Education v. Brown. In a...

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Student Loan Repayment Will Resume in September

The Senate passed legislation late Thursday to raise the debt ceiling, avoiding a government shutdown. A provision in the bill officially terminates the student loan repayment suspension period. Student loan repayment will resume sixty (60) days after June 30, 2023....

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Department of Education Testifies to House Subcommittee

Secretary James Kvaal and Federal Student Aid COO Richard Cordray represented the Department of Education (ED) during the second House Higher Education and Workforce Development Subcommittee hearing on Wednesday. The hearing covered the Biden administration's student...

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Our Latest Survey Report

Student Loan Assistance for Financial Wellness

Beneficial to Employer and Employee

We asked 1,000 employees which benefits they want the most.

You’ll be surprised what topped their list.