Student loan interest rates are a point of contention for many borrowers. And with rates rising over the last few years, some are sounding the red alert on student loan rates. But in truth, student loan interest rates don’t matter for most borrowers. Even though interest rates for student loans are higher right now than…
US President Joe Biden speaks at the Walter E. Washington Convention Center in Washington, DC, on … [+] September 21, 2023. The Biden administration announced $37 million in new student loan forgiveness this week. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images) AFP via Getty Images The Biden administration has…
WILMINGTON, DE – DECEMBER 23: Education Secretary Miguel Cardona speaks on December 23, 2020 in … [+] Wilmington, Delaware. (Photo by Joshua Roberts/Getty Images) Getty Images As student loan payments resume following the formal end of the Covid-era payment pause, the Biden administration has launched what it is calling the most affordable student loan repayment…
Student loan debt getty Like it or not, federal student loan payments are scheduled to resume in October of this year, and interest has already started accruing. Many people have a mindset of trying to pay off their student loans as fast as possible – so they aggressively make extra payments on their student loans.…
UNITED STATES – APRIL 18: Education Secretary Miguel Cardona testifies during a House Subcommittee … [+] hearing on Tuesday, April 18, 2023. The Education Department announced this week that over $10 billion in student loan forgiveness has been approved for disabled borrowers. (Tom Williams/CQ-Roll Call, Inc via Getty Images) CQ-Roll Call, Inc via Getty Images…
WASHINGTON, DC – SEPTEMBER 06: U.S. President Joe Biden delivers remarks at the White House on … [+] September 06, 2023 in Washington, DC. 662,000 borrowers have been approved for student loan forgiveness under new Biden administration flexibilities for the Public Service Loan Forgiveness program, according to the Education Department. (Photo by Chip Somodevilla/Getty Images)…
WASHINGTON, DC June 30, 2023: US President Joe Biden delivers remarks on student loan forgiveness … [+] in the Roosevelt Room of the White House on Friday, June 30, 2023. United States Secretary of Education Miguel Cardona was present for remarks. (Photo by Demetrius Freeman/The Washington Post via Getty Images) The Washington Post via Getty…
US President Joe Biden on September 2, 2023. The Biden administration announced new details on the … [+] process for creating a new student loan forgiveness plan. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images) AFP via Getty Images The Biden administration is proceeding with steps to establish a new…
US President Joe Biden announces student loan forgiveness with Education Secretary Miguel Cardona … [+] (R) on August 24, 2022 in the Roosevelt Room of the White House (Photo by OLIVIER DOULIERY/AFP via Getty Images) AFP via Getty Images Millions of federal student loan borrowers hit a critical milestone today, as student loan interest resumes…
Middle and high school students attend a college and career convention In Los Angeles. (Kevork … [+] Djansezian/Getty Images) Getty Images A four-year college education is a big and long-term investment, as the 40 million plus Americans who carry $1.6 trillion in federal student debt know all too well. Nevertheless, it can be worth it,…