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It will kick back in on Aug. 1 for people in the SAVE repayment program, whose payments have been on hold since last summer.
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For months, nearly 8 million student-loan borrowers have been waiting in limbo as federal courts weigh the legality of their payment plan. Starting in August, they'll see their balances tick up as ...
Interest is set to begin accruing for the 8 million borrowers enrolled in former President Joe Biden's SAVE repayment plan, which courts paused.
Those upcoming catalysts already brought back a lot of bulls, and SoFi's stock nearly tripled over the past 12 months. But ...
The millions of borrowers who will still have federal student loan debt in January should immediately start planning for repayment, recommends Shelton W. Dotson IV, a financial advisor for ...
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Student Loan Default Risks Are Skyrocketing This Summer Here’s What Borrowers Need to Know and DoEver ask yourself what happens when the “pause” button on your student loans finally flips off after all those years? Here’s ...
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A new report from credit-scoring firm TransUnion estimates the size of the phenomenon: Today, 43 million borrowers owe a total of $1.6 trillion of student debt. Five million borrowers are already in ...
Business A TikTok trend promises to erase student loan debt. Here’s why it doesn’t work June 24, 2025 at 7:34 pm By Jenny Gross ...
Here’s what you should keep in mind: How your credit score is calculated A credit score is a formula that helps lenders determine how likely you are to pay back a loan. Credit scores are based on your ...
Business Nation Student loan payments have restarted. Here’s how to manage the impact to your credit score June 18, 2025 at 7:54 am Updated June 18, 2025 at 8:21 am By CORA LEWIS ...
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