Student Loan

The student loan interest deduction remains a valuable tax benefit for college students and parents financing education expenses through loans. With the pause on federal student loan payments since March 2020, questions arise…

Student loan repayment is a major concern for a lot of Americans, one that threatens their capacity to live comfortably and steadily in the long run. With the average borrower taking a staggering 20 years to liberate themselves…

Many borrowers find it frightening to consider defaulting on their student loans because it can have major repercussions that could jeopardize their financial security and peace of mind. Among these consequences is the specter of…

The Federal Student Loan program, known as SAVE, has left many borrowers grappling with confusion, particularly concerning its tax implications. Among the myriad of questions, borrowers are eager to ascertain whether the SAVE…

Student loan forgiveness has taken center stage in conversations across America, gaining even more traction following President Joe Biden's announcement of a groundbreaking forgiveness program. The long-awaited confirmation of the…

Student loan forgiveness has been a hotly debated topic in the United States, gaining even more prominence since President Joe Biden's announcement of a groundbreaking student loan forgiveness program. Following an extensive legal…

President Biden has unveiled a significant move to alleviate the burden of student debt by forgiving $5 billion for an additional 74,000 borrowers. This marks the latest round of debt cancellation following the Supreme Court's…

Amidst financial concerns and ongoing discussions surrounding student loan debt, there's a glimmer of relief for Americans diligently repaying their loans. The Internal Revenue Service (IRS) offers a student loan interest…

The Biden administration is deducting over $2 million in payments from student loan servicers, namely Aidvantage, EdFinancial, and Nelnet, due to their failure to dispatch billing statements promptly after the conclusion of a…

The Department of Education recently disclosed that a substantial 40% of student loan borrowers missed their initial repayment deadlines in October. This cohort comprised around four million borrowers who faced their first…

Amidst the ongoing discussions and initiatives surrounding student loan forgiveness, borrowers are eagerly seeking updates and clarity on potential reductions in their loan balances. Recent developments have heightened interest in…

Student loan forgiveness has become a beacon of hope for numerous borrowers struggling with the burden of educational debt. However, amidst the relief it promises, the landscape is rife with scams and fraudulent schemes targeting…