How government contractors assist in managing student debt
Article By: Spencer Orenstein Read time:
Projects: Student Loans
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What Borrowers Need to Know About Student Loan Servicers
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Projects: Student Loans
Topics: Fiscal & Economic Policy, Higher Education & U.S. Policy
Experts: Travis Plunkett
Places: United States
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ArticleJanuary 10, 2024
'Fresh Start' Program Can Help Student Loan Borrowers
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ArticleJanuary 10, 2024
Borrowers resumed making payments on their federal student loans in October 2023 after a nearly three-and-a-half-year pause. To ease the re-entry into repayment, the Department of Education launched Fresh Start, a year-long program that temporarily provides benefits to borrowers with previously defaulted loans.
ArticleNovember 6, 2023
Income-Driven Plans Make Student Payments Affordable
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ArticleNovember 6, 2023
Student loan payments resumed this October, but repayment will not look the same as it did before the pause put in place in response to the pandemic. Borrowers will have access to a new income-driven repayment (IDR) plan—known as Saving on a Valuable Education (SAVE)—that will lower payments for most and prevent balances from growing.
ArticleNovember 6, 2023
Here's What Student Loan Borrowers Need to Know
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ArticleNovember 6, 2023
Millions of Americans are resuming payment on their federal student loans in October after a pandemic-related payment pause of more than three years. Many borrowers are paying for the first time, while others are resuming payments amid changes to the system—such as the addition of new loan servicers and an updated income-driven repayment (IDR) plan, known as Saving on a Valuable Education, or SAVE.