News
Public Service Loan Forgiveness has new rules — 3 changes borrowers should know about
3+ hour, 10+ min ago (643+ words) While federal courts have blocked the Trump administration's efforts to curb eligibility for Public Service Loan Forgiveness, other recent changes still impact borrowers' ability to benefit from the program. For example, a new repayment plan doesn't qualify for PSLF, and…...
Student loan Repayment Assistance Plan launches, find out how to qualify
6+ hour, 7+ min ago (240+ words) Student loan borrowers have new options to help pay down what they owe. The Repayment Assistance Plan, called RAP, is a “simple and affordable option to repay their federal student loans based on their income,” the Department of Education said…...
Millions of parents who didn't consolidate PLUS loans before July 1 lost access to income-driven repayment and forgiveness programs
17+ hour, 31+ min ago (430+ words) Parent PLUS borrowers who did not consolidate their loans before the July 1, 2026 deadline have lost access to income-driven repayment plans and loan forgiveness options under the One Big Beautiful Bill Act, which was signed into law on July 4, 2025. The deadline…...
Seven years for tuition? Thrift banks say longer salary loans aren’t for all
8+ hour, 45+ min ago (548+ words) MANILA, Philippines – Philippine thrift banks support the Bangko Sentral ng Pilipinas’ (BSP) decision to allow salary loans with repayment periods of up to seven years but want the longest terms limited to certain expenses to prevent borrowers from accumulating overlapping…...
Education Department Begins Notifying Student Loan Borrowers They Have 90 Days To Switch Plans
10+ hour, 38+ min ago (483+ words) The Education Department has started sending mass notices to student loan borrowers in the SAVE plan, giving them 90 days to move to a different repayment plan. If they don’t act within that timeframe, the notice warns, their student loans will…...
Sallie Mae Launches Parent Loan as Federal Lending Shifts
3+ day, 7+ hour ago (429+ words) NEWARK, DE — Sallie Mae has introduced a new private parent loan, expanding its education financing portfolio as families weigh alternatives to federal borrowing programs amid changes in the student loan landscape. The Sallie Mae Parent Loan allows credit-qualified parents, guardians…...
Borrower Defense for Student Loans: How to apply and what can make you eligible?
5+ day, 3+ hour ago (481+ words) Relief for misled borrowers Borrower defense can offer a path to student loan discharge for people who believe their school misled them, broke certain laws, or engaged in serious misconduct connected to their education. The program is officially called Borrower…...
Student loans sold like phone contracts open a serious trust gap
5+ day, 11+ hour ago (555+ words) The committee’s report, published this week after an inquiry that drew more than 52,000 responses, concluded that the Department for Education and the Student Loans Company misled prospective students in three respects, including by failing to make clear that the government…...
Private student loans with rewards: These lenders offer cash back and discounts
1+ week, 4+ hour ago (693+ words) Updates editor, CNBC Select With the purse strings tightening on federal aid, more families may need to turn to private lenders to help pay for higher education. Private student loans require good credit (or a creditworthy co-signer) and offer fewer…...
Money Cents: Tips for student loans
1+ week, 23+ hour ago (13+ words) WCYB Money Cents: Tips for student loans...