No, the government does not make a profit on student loans, despite charging interest. In 2024, the government lost $19.64 for every $100 loaned, but in more “normal” years, it…
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The College Investor’s “How Much Student Loan Debt Can You Afford” calculator allows students and parents to see the final cost of their student loan borrowing. Families can toggle between…
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The American Federation of Teachers (AFT) is pushing to certify its lawsuit against the Department of Education as a nationwide class action, potentially covering more than a million borrowers. The…
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Federal law defines a first-generation college student as someone whose parent or parents did not complete a four-year degree, but colleges sometimes use their own definitions. First-generation students may qualify…
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What happens to your student loans when you die? It’s not a question many people want to think about, but it’s important to understand. Do your student loans die with…
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President Trump generally does not support student loan forgiveness and would likely seek an end to some student loan forgiveness programs. But can the President reverse student loan forgiveness that…
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President Biden forgave more than $188 billion in student loans for over 5 million borrowers, the largest amount of cancellation by any president. Despite record forgiveness, total outstanding student loan…
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The Department of Education has paused processing some types of student loan forgiveness. PSLF is still processing, while IBR-related forgiveness is currently paused due to “system updates” SAVE, PAYE, and…
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More than a quarter of Americans report taking on extra work to manage financial stress, making side hustles a growing repayment strategy for student debt. These five income streams can…
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Did you know there are state-based non-profit lenders that sometimes provide the lowest student loan rates? It’s true – but there aren’t many, and the best rates are typically reserved…