Note that the student loan situation has changed due to the impact of the coronavirus outbreak and the relief efforts of the government, student loan lenders and others. Check out our Student Loans Hero Coronavirus Information Center for news and additional details. * * * Although you cannot consolidate federal and private student loans through […]
In July 2021, a federal court ruled that private student loans could be discharged in bankruptcy. But refinancing a student loan may offer a better way to manage your college debt without significantly damaging your credit score. (iStock) Bankruptcy is a legal process that offers financial relief to consumers who cannot repay their debt. Many […]
Although the federal funds rate – this is what banks charge each other for short-term borrowing – is not the rate consumers pay, the Fed’s measures still affect the borrowing and saving rates they all see days. The Fed’s historically low lending rates make it easier to access cheaper loans, but also make it less […]
College students take out loans as an investment: they will likely graduate and reap the rewards – income that will help them pay off that debt, and more. But parents borrow for their children without the promise of higher income. And legally, they are the ones who have to pay. Federal Parent PLUS Loans are […]
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Compare personalized student loan refinance rates Takes up to 3 minutes It is possible to get free from student loans through bankruptcy. The standard most commonly […]
SAN JOSE, California, July 27, 2021 / PRNewswire / – Federal Student Loan Payments Have Been Suspended Since March 2020. By now, many of us have forgotten what it’s like to have that monthly bill. As the country begins to reopen, the end of federal student loan forbearance looms on the horizon. Unless there is […]
On July 15, the United States Court of Appeals for the Second Circuit tenuous that private student loans are not explicitly exempt from the debt relief granted to debtors in a Chapter 7 bankruptcy. According to the notice, the applicant filed for Chapter 7, which led to a discharge order ambiguous as to how it […]
MPOWER financing, a global provider of education loans, recently secured a $ 100 million equity investment. The new funding is in addition to the $ 60 million MPOWER raised earlier this year from Capital management of Tilden Park who also participated in the current round with ETS strategic capital. The other investors were King Street […]
The social security system disbursed more than 115.53 million pesos for education loans from January to June 2021, which is 52.5% or 39.75 million pesos more than last year’s releases. . Over 6,500 requests for tuition financing assistance were received by the pension fund during the same period. The Educational Assistance Loan program was implemented […]
The social security system (SSS) disbursed more than 115.53 million pesos for education loans from January to June 2021, or 52.5% or 39.75 million pesos more than the releases of the ‘last year.Over 6,500 requests for tuition financing assistance were received by the pension fund during the same period. “Flexible learning during the new normal […]