Blog.
How Student Loan Cancellation Works
What's Being Forgiven: The forgiveness applies to all Federally-held Direct, Perkins, and FFELP loans, even if they're currently in default. Pell Grant recipients are eligible for up to $20,000 in student debt cancellation if they earn less than $125,000 ($250,000...
Federal Student Loan Debt Relief and Repayment Resumption
Final Student Loan Payment Pause Extended Through End of the Year The Biden-Harris administration has extended the student loan payment pause for the final time until December 31, 2022. Repayment is scheduled to resume on January 1, 2023. There is still time to enroll...
Join IonTuition Sept 2 to Evaluate Student Debt Relief Updates
Below is a summary of Federal Student Aid's explanation of the Biden administration's updates to student debt relief with our recommendations. The Repayment Pause Extended for the Last Time The pause on student loan repayment due to expire on August 31 has been...
Federal Student Loan Payments Scheduled to Resume August 31, 2022
Currently, the payment pause is scheduled to end on August 31, 2022 IonTuition is closely monitoring notifications from the Education Department and reputable media outlets regarding the current payment pause for federal student loans. The payment pause includes a...
Most Graduates See Return on College Investment within Five Years
The Years to Recoup Educational Investment = Total College Costs / (College Salary — Typical High School Salary) The US Department of Education - College Scorecard provides data sets on average college costs with variables broken down by sector, credential, and field...
Changes Made to Federal Student Loan Programs Bring Borrowers Closer to Forgiveness
3.6 million Borrowers Affected by New IDR Waiver Program On April 19, 2022, the Department of Education announced they will bring borrowers closer to public service loan forgiveness and income-driven repayment (IDR) forgiveness. Federal Student Aid (FSA) estimates...
Student Loan Repayment Pause Extended Until August 31
Your Student Loan Repayment, Interest, and Collections Will Remained Paused through August 31, 2022 On April 6, the Department of Education (Department) extended the deadline for the student loan relief program established under the CARES Act to August 31, 2022,...
IonTuition Merges with i3 Group and Creates a New Platform for Student Success Beyond College.
IonTuition.com the country’s first online student loan repayment management platform focused on employers and schools has merged with i3 Group, LLC the premier choice since 2009 for colleges and universities to help their students better manage and optimize repayment...
Student Loan Repayment Plans or Tuition Reimbursement?
The Difference Between Student Loan Repayment Plans and Tuition Reimbursement Student loan repayment is expected to resume May 1st after two years of interest-free forbearance extensions following the CARES Act, which was originally passed in March of 2020. With...
Student Loan Repayment Pause Extended Until January 31, 2022
Last week the U.S. Department of Education extended the pause on student loan repayment, interest, and collections until January 31, 2022. The Department indicated this would be the final extension granted, and borrowers will receive notices about this extension from...