Blog.
Are Federal Loan Servicers Prepared for Repayment Resumption?
by Balaji "Raj" Rajan Does FSA need Federal Loan Servicers? The answer is a resounding YES! Federal loan servicers and Federal Student Aid (FSA) have a codependent relationship, but tracking their performance and connection has always been murky. After 12 years, we...
Will Student Loan Defaults and Delinquencies Return?
Student loan borrowers have enjoyed a three-year reprieve from their student loan payments. Hopefully, many student loan borrowers are in a better place than they were before the pandemic began. Student loan repayment will resume later this summer. Even if the Biden...
SECURE 2.0 Employer Contributions Help Student Loan Borrowers Save for Retirement
Student Loan Debt Will Continue to be High Even if Forgiveness Happens The national student loan debt balance is at $1.75 trillion. Even if $400 billion is forgiven, student debt will continue to be one of the largest forms of household debt. The Biden...
ION Launches Presto to Help Borrowers Ahead of Repayment Resumption
Presto Allows IonTuition Users to Apply Directly for Income-Driven Repayment Plans IonTuition (ION), the revolutionary education technology company offering concierge-level support services and online student loan repayment tools for colleges, has officially launched...
ION Offers College Enrollment Management Service with Built-In Compliance Engine
LinQ Solution Provides 3-Minute Response Time to Leads & Inquiries IonTuition (ION) the revolutionary education technology company offering voluntary financial wellness benefits for employers and online student loan repayment tools for colleges, has officially...
Policymakers Must Focus on How to Finance Higher Education, not Student Loan Debt
There is certain desperation today to figure out what is next on the student loan front. Forgiveness and cancellation take center stage rhetoric without fiscal discipline, performance, or accountability. Today, election politics hold higher education hostage. The...
Community College Enrollment Declines
Recent data released by the Integrated Postsecondary Education Data System shows community college enrollment declined by nearly one million students in fall 2021 compared to fall 2019. An analysis by the Community College Research Center shows the largest decline in...
Proposed Changes to Income-Driven Repayment May Lower Payments Even More
The U.S. Department of Education (ED) has proposed changes to federal income-driven repayment plans including altering the regulations of the popular Revised Pay as You Earn (REPAYE) income-driven repayment plan. ED would like to combine REPAYE, Income Contingent...
Student Loan Contribution Programs to Help Ease Employee Financial Stress
According to a recent survey, 81 percent of workers are taking steps to prepare for a possible recession. These steps include paying off debt, increasing contributions to savings, and looking for a higher-paying job. Nearly half felt negative about their personal...
Fresh Start Initiative Opportunity to Complete College
Fresh Start initiative allows borrowers with federal student loans in default to reenter current repayment and regain access to aid The Fresh Start initiative was announced by the U.S. Department of Education (ED) last April. Fresh Start gives borrowers...