student debt

CFPB Sues PHEAA, Alleging Illegal Collections on Student Loans
CFPB Sues PHEAA, Alleging Illegal Collections on Student Loans
May 31, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has sued student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that it collects on loans that borrowers...

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Feds Cancel Student Debt for 160K New Borrowers
Feds Cancel Student Debt for 160K New Borrowers
May 22, 2024  |  Debt

The U.S. Department of Education is canceling student debt for another 160,000 borrowers. This latest cancellation, announced by the White House Wednesday (May 22), brings...

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40% of Borrowers Have Not Resumed Payments on Student Loans
40% of Borrowers Have Not Resumed Payments on Student Loans
December 18, 2023  |  Consumer Finance

The burden of student loan debt continues to weigh heavily on millions of Americans, as evidenced by the significant number of borrowers who have not...

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Earnest and Payitoff Partner on Reduced Student Loan Payments
Earnest and Payitoff Partner on Reduced Student Loan Payments
October 23, 2023  |  Loans

Student finance FinTech Earnest and debt guidance firm Payitoff have teamed to help borrowers lower student loan payments. The two companies on Monday (Oct. 26) announced the launch of their...

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How Technology Is Easing the College Cost Conundrum
How Technology Is Easing the College Cost Conundrum
September 01, 2023  |  Loans

Student debt is top of mind as grads resume payments, but BNPL-like tuition installment plans can reduce the need for loans. The latest “B2B and...

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Tech Shifts Student Loan Conversation From Loans to Installment Payments
Tech Shifts Student Loan Conversation From Loans to Installment Payments
August 31, 2023  |  Loans

In the wake of the Supreme Court’s decision to block the federal student loan forgiveness plan, many of Generation Z’s recent college graduates will make...

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Businesses Offering Student Loan Help to Gain Recruitment Edge
Businesses Offering Student Loan Help to Gain Recruitment Edge
August 30, 2023  |  Loans

Businesses are increasingly hoping to get a leg up in the recruitment of new graduates by offering a relatively rare benefit: paying off student loans....

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Biden Administration Unveils Student Loan Repayment Plan
Biden Administration Unveils Student Loan Repayment Plan
August 22, 2023  |  Loans

The Biden Administration has unveiled a student loan repayment initiative that is set to benefit over 20 million borrowers. The Saving on a Valuable Education...

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Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
June 07, 2023  |  Debt

Gen X has been walking a difficult financial tightrope over the past few years, and double debt duty may be leaving “The Forgotten Generation” in...

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