President Trump’s executive order to abolish the Department of Education has raised significant concerns about the future of student loans and their management The Department of Education currently oversees federal student loans for nearly 43 million Americans If the Department of Education is abolished, President Trump has suggested that the management of federal student loans […]
Category Archives: Student Loans
14
Jan
Jan
As of January 2025, the status of federal student loan forbearance is influenced by recent legal and administrative developments. The Biden administration’s Saving on a Valuable Education (SAVE) repayment plan, designed to provide relief to borrowers, has encountered legal challenges. These challenges have led to uncertainties regarding the continuation of forbearance periods and the resumption […]
28
Sep
Sep
If you currently have student loans, here is some very important information about the End of the Federal Student Loan Forbearance Period. For the last 3 three years payments and interest have been postponed for the Federal Student Loans. As of September 1st, 2023 these payments, and the interest accrual, have started again. For most […]