
Loan


The Conundrum of Spousal Consolidation Loans and Missed Loan Forgiveness
In the early 2000s, a short-lived initiative allowed married couples to merge their student loans into a single payment, reducing the interest rates. However, the repercussions of this program are

Extending Student Loan Relief: Biden Administration Faces Calls Amid Looming Waiver Deadline
With the clock ticking towards the expiration of the limited waiver for public service student loan forgiveness, the Biden administration is under mounting pressure to prolong the relief period. A

Pay-Over-Time Loans: A Potential Risk for Long-Term Debt
In the world of personal finance, options for borrowing money have expanded to meet the needs of consumers. One such option that has gained popularity is the “pay-over-time” loan. While

US Department of Education Announces Overhaul of Federal Student Loan Servicing Systems
The US Department of Education recently revealed plans to revamp its existing federal student loan servicing systems, aiming to empower borrowers with improved tools for managing their student loans. This

The Mechanics of Federal Student Loan Servicing: What Borrowers Need to Know
Student loans are a crucial component of higher education financing, enabling countless individuals to pursue their academic goals. However, the process behind managing these loans can be intricate, with