Blog.

Updates to IonTuition’s Employer Services
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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The Year Student Loan Repayment Never Started
The Year Student Loan Repayment Never Started

In November, the Education Department’s Under-Secretary, James Kvaal, reported that only 60 percent of the 28 million student loan borrowers who needed to make payments had made them. But this was on 22 million and not the entire 28 million borrowers. About 4 million...

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Student Loan Default Predictions
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
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
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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Gainful Employment Regulations Under Final Review
Gainful Employment Regulations Under Final Review

The U.S. Department of Education’s proposed rules for gainful employment rules and other accountability initiatives are currently awaiting final approval. The OMB’s Office of Information and Regulatory Affairs is expected to approve the request on or before November...

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The New SAVE Plan for Student Loan Repayment
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 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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