Key Points A dentist showed over $1.2 million in student debt in a viral TikTok post, drawing attention to growing graduate school loan burdens. An estimated 100 borrowers owe more…
Loan
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Key Takeaways JPMorgan will begin accepting Bitcoin and crypto ETFs as collateral for loans globally. The bank will treat digital assets like other traditional assets in wealth management evaluations. Share…
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Key Points The FTC has permanently banned multiple companies and individuals for running fake student loan debt relief operations that promised forgiveness and charged illegal fees. These scams often targeted…
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Key Points A proposed new student loan cap would tie borrowing limits to a national median cost of attendance by program. That formula automatically underfunds at least half of students…
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Key Points The SAVE repayment plan remains in legal limbo, and borrowers are in administrative forbearance while the court weighs its future. The reconciliation bill advancing in Congress would eliminate…
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Key Points New online applications for income-driven repayment (IDR) are being processed in about a week. Servicers are prioritizing cases where legal eligibility is clear, while SAVE-related requests remain delayed…
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RBA Governor Michele Bullock during a press conference. Picture: NewsWire / Nikki Short Fifteen Aussie lenders have cut variable rates since the start of April, in addition to the February…
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Key Points Student loan borrowers can still enroll in PAYE and ICR , but loan forgiveness at the 20- or 25-year mark is paused due to a court injunction. Forgiveness…
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Key Points The proposed “Student Success and Taxpayer Savings Plan” would repeal most existing income-driven repayment plans, replacing them with a single 30-year AGI-based repayment option. Current borrowers in the…
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The new interest rates on federal student loans for 2025-26 school year are set to fall slightly. The interest rates on federal student loans are fixed interest rates for the…
