Key Points Public Service Loan Forgiveness is the only broad federal program that still cancels balances tax-free, and it survived the July 1, 2026 overhaul intact. Income-driven forgiveness now takes…
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The Question I’m expecting to get my student loans forgiven soon. I’m at about $148,000. I borrowed $65,000 for a social work degree back in 2001 and I’ve paid something…
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Published: by Gretchen on September 18, 2026 | This post may contain affiliate links. Read my disclosure policy here. Wow! If you are a student, don’t miss this amazing deal on Peacock…
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Key Points The One Big Beautiful Bill Act set aside $1 billion for the Education Department to cover “administrative costs” of the federal student loan program, with no reporting requirement…
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The Student Aid Index (SAI) is the key metric that colleges use to calculate your financial need as a relates to providing financial aid packages. The Student Aid Index (SAI)…
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Under the Federal Perkins Loan Cancellation program, as long as you qualify, up to 100% of your loan can be cancelled over a period of 5 years. The catch to…
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Earnest Earnest Loans are made by Earnest Operations LLC. Earnest Operations LLC, NMLS #1204917. 300 Frank H. Ogawa Plaza, Suite 340, Oakland 94612. California Financing Law License 6054788. Visit www.earnest.com/licenses…
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Investment
Fewer Borrowers Are Falling Seriously Behind On Student Loans, Federal Reserve Data Shows
Student loan balances fell $7 billion in Q2 2026 to $1.65 trillion, one of only two debt categories to decline, according to the New York Fed’s latest household debt report.…
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Earnest Earnest Loans are made by Earnest Operations LLC. Earnest Operations LLC, NMLS #1204917. 300 Frank H. Ogawa Plaza, Suite 340, Oakland 94612. California Financing Law License 6054788. Visit www.earnest.com/licenses…
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The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert on directing banks and credit unions to detect and report suspicious activity tied to federal student aid fraud. It’s…
