Federal student loan changes take effect Jul. 1
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This video details U.S. student loan forgiveness, discharge, and repayment assistance programs, explaining eligibility, documentation, and scope. Public Service Loan Forgiveness (PSLF) for government and nonprofit workers and income-driven repayment plans that cap payments and forgive remaining balances after 20–25 years are outlined.
The Education released major updates on a troubled student loan forgiveness “buyback” program this week. But key questions remain unanswered.
Deferment is typically granted as the result of a qualifying event, like returning to school. Sallie Mae®* offers deferment for private student loan borrowers while they're in school, working an internship or participating in a residency, fellowship or clerkship.
A new Trump administration rule could restrict relief under the Public Service Loan Forgiveness program beginning in July.
Students training to become nurses, public health professionals and physician assistants could soon face tougher financial hurdles.
MBA loans can give you the financing you need to attend business school, but borrowers should consider factors like interest rates, fees, and available repayment options before choosing a lender.
Higher student loan rates can increase the long-term cost of college for students and families. New borrowing limits may also change how households plan for tuition.