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As student loan payments resume, private sector sees an opportunity

Oct 9, 2023
According to PitchBook, there’s been nearly $1.2 billion invested in student loan management startups in the past year.
After not having to deal with student debt for more than three years, many people are feeling anxious about repayments.
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More than 800,000 people are getting student loans forgiven

Sep 5, 2023
It's part of a one-time fix by the Biden administration to the income-driven repayment program for federal student loans.
Last spring, the Biden administration announced a one-time fix to rectify what the education secretary called “years of administrative failures” with the income-driven repayment program.
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Some Republicans are exploring a new position on student loan debt

Jul 31, 2023
The proposal bucks the party's usual laissez-faire approach.
To have your student loan debt discharged by a judge, one must prove it’s causing them “undue hardship."
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Student debt help could be a new worker perk with loan payments resuming soon

Jun 16, 2023
It’s still a relatively rare benefit: About 8% of employers in the country offer help with student loan debt.
Employers who offer some sort of benefit that helps workers with student debt see it as part of competing for talent in a tight job market.
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After high school years interrupted by COVID, students calculate the cost of college differently

May 25, 2023
This spring, there were 14.2 million undergraduates in the U.S., about 9% fewer than in spring 2019.
This spring, there were 9% fewer undergraduate students in the U.S. than there were in spring 2019.
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Biden's student loan forgiveness plan goes before the Supreme Court

Feb 28, 2023
At issue is if the president has the authority to cancel up to $20,000 in federal student debt for some 43 million borrowers.
President Biden's signature student-debt policy is now in the hands of the nine justices.
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Biden student loan plan would let borrowers pay less, get forgiveness faster

Jan 10, 2023
People who borrowed less than $12,000 for undergrad schooling could have debt forgiven after making regular payments for a decade.
Under the regulations, people who borrowed less than $12,000 for their undergraduate education could receive debt forgiveness after making regular payments for a decade.
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Should colleges be accountable for some student debt?

Sep 28, 2022
About 36 million people in the U.S. have some college education, but no degree, yet they still owe money on student loans.
President Joe Biden announced a three-part plan that will forgive hundreds of billions of dollars in federal student loan debt.
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Interest can add a lot of debt to student loans. Here's how the Biden plan could help.

Sep 5, 2022
The government would cover unpaid interest for borrowers who are on income-based repayment plans and continue to make monthly payments.
Because of the high interest rates on student loans, the amount owed continues to grow for many borrowers in income-driven repayment plans.
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