Danielle Arnone, a Utah mother of two, has seen her credit score plunge 150 points this year because she and her husband were unable to keep up with the cost of living and pay back their federal student loans at the same time. “It was shocking — made us sick to our stomachs,” she told
With student loan payments now fully resumed, millions of Americans are wondering whether their debt could block them from buying a home. The short answer? Not necessarily—but it will impact how much you can borrow, how lenders view you, and what kind of loan you can get. Here’s what today’s borrowers need to understand before
New grads face rising student loan debt. Experts share tips on repayment, forgiveness plans and … More building savings while staying financially afloat. Getty Just graduated and wondering if you should throw your whole paycheck at student loans? You’re not alone. “I used to think being debt-free was the only goal,” says Laurel Taylor, founder
President Trump’s policy agenda would make deep cuts in government health plans and medical research, and, critics say, could also make finding a doctor more difficult. The Republicans’ major domestic policy bill restricts loans that students rely on to pursue professional graduate degrees, making the path to becoming a physician harder even as doctor shortages
Student loan debt is a major crisis in the United States that, unfortunately, doesn’t appear to be going away anytime soon. While repayment options are available, they’re still incredibly unaffordable for many people, leaving them unable to pay or desperately searching for alternative options. Mirjana Pusicic / Getty Images Recently, a TikTok user by the
Student loan debt is a major crisis in the United States that, unfortunately, doesn’t appear to be going away anytime soon. While repayment options are available, they’re still incredibly unaffordable for many people, leaving them unable to pay or desperately searching for alternative options. Mirjana Pusicic / Getty Images Recently, a TikTok user by the
It’s been about five years since the Biden Administration paused college loan repayments. Last month, President Donald Trump announced collections would resume beginning May 5. According to the Department of Education, more than 5 million borrowers have not made a payment in more than 360 days. This number could double to 10 million in just
NEW YORK (AP) — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans. Recently, the Education Department announced it would start involuntary collections on defaulted loans, meaning the roughly 5.3 million borrowers who are in default could have their
The Department of Education has resumed collection on debt from millions of defaulted student loans for the first time in five years. You may be wondering: what are your rights if a debt collector contacts you? And how can you be sure the call is legitimate, with scammers looking to prey on vulnerable borrowers? If
The federal government has resumed collections on defaulted student loans, and nearly 200,000 borrowers could soon see wage garnishment, tax refund seizures, and even Social Security offsets. After a five-year pause, aggressive collection actions are officially back, putting many Americans’ financial stability at risk. If you have federal student loans in default, time is critical