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Biden's New Student Loan Plans: 5 Things To Know in October About the Updated Debt Relief Proposals

The Biden administration continues to move forward with alternative federal student loan forgiveness plans after an earlier program, which would have cancelled up to $20,000 of debt per borrower, was...

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New Student Loan Bills Are Riddled With Errors — Here's What To Watch Out For

The COVID-19 student loan payment pause has finally come to an end at the beginning of this month. However, federal student loan borrowers have found themselves facing a perplexing and frustrating...

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Student Loans: Biden Cancels Another $9 Billion in Debt — Is Yours Among the $127 Billion Forgiven So Far?

Just a few days following the resumption of student loan payments, President Joe Biden announced on Oct. 4 that an additional 125,000 Americans have been approved for $9 billion in debt relief. See:...

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Robert Kiyosaki: 3 Best Ways To Rid Yourself of Student Loan Debt

After three and half years, the federal student loan repayment pause has come to an end. Loan balances started accruing interest on Sept. 1 and, unless you've just graduated or are currently in your...

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Gen Zers Are Paying Student Loans Before Saving For Retirement — Is This a Good Strategy?

Federal student loan borrowers began paying their monthly student loan bills on Oct. 1. This includes roughly 44 million Americans, noted CBS News, which could put a big financial strain on many...

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Ramit Sethi: 3 'Drastic Moves' To Make When Nearing Bankruptcy

Personal bankruptcies are on the rise. According to the Administrative Office of U.S. Courts, Chapter 13 filings increased almost 31% in 2022, from 120,002 to 157,087. To avoid a similar fate, you...

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Do Student Loan Borrowers Miss Out on Investment Wealth?

After a three-year break from paying student loans, borrowers are set to begin repaying in October. The good news is that the Biden administration has instituted a 12-month period that allows...

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Student Loan Payments Will Still Be Due Even If the Government Shuts Down

As the prospect of a government shutdown looms, many student loan borrowers may be wondering about the impact on their repayment obligations. Student Loan Forgiveness: 10 Expenses To Cut From Your...

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Student Loans: Gen X Income To Drop 8.8% as Payments Resume — How To Stay on Budget

Twenty-nine percent of Gen X borrowers will need to budget for student loan payments of $500 or higher once they resume next month, according to a TransUnion study. At the same time, PYMNTS reported...

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Student Loan Payments Resume Soon — Here Are 2 Short- and Long-Term Implications for Your Retirement Savings

The resumption of student loan payments on Oct. 1 after a three-year hiatus is set to make a huge dent in millions of borrowers' budgets. And this additional financial burden could have both...

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