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Federal Student Loans Could Change Under Budget Reconciliation Bill

Federal Student Loans Could Change Under Budget Reconciliation Bill

May 16, 2025 | Default Management, News, News Inserts, Student Loan Repayment Assistance

The House Education and Workforce Committee’s “Student Success and Taxpayer Savings Plan” would drastically change federal student loans and financial aid. This is a Congressional Republican initiative through a budget reconciliation bill in the...
New Data: Federal Student Loan Delinquency at Record High Levels

New Data: Federal Student Loan Delinquency at Record High Levels

May 2, 2025 | Default Management, News, News Inserts, Student Loan Repayment Assistance

New data released by Federal Student Aid paints a stark picture of the post-pandemic student loan repayment landscape. The numbers reveal a 6.5-fold increase in borrowers 91-180 days delinquent compared to the pre-COVID payment pause. As of FYQ2 of 2025, a staggering...
Student Loan Delinquency 3x Higher Than Pre-Pandemic

Student Loan Delinquency 3x Higher Than Pre-Pandemic

Jan 17, 2025 | Default Management, News, News Inserts

The return to student loan payments has been rocky, with millions of borrowers now delinquent. Approximately three million student loan borrowers are over three months behind on their payments. According to the National Student Loan Data System (NSLDS), the federally...
Student Loan Default and Delinquency Consequences Return

Student Loan Default and Delinquency Consequences Return

Jan 3, 2025 | Default Management, News, News Inserts

Federal student loan payments officially resumed over a year ago, ending over three years of paused payments to provide borrowers relief during and following the COVID-19 pandemic. Beginning this month, the full consequences for late payments will take effect,...
Student Loan Repayment Updates for End of Year

Student Loan Repayment Updates for End of Year

Dec 13, 2024 | Default Management, News, News Inserts, Student Loan Repayment Assistance

Borrowers should expect updates to student loan repayment plans and forgiveness policies when the Trump administration takes over next year. This year has seen much back-and-forth regarding student loan relief efforts, leaving borrowers confused about their options....
Two Income-Driven Repayment Options are Returning

Two Income-Driven Repayment Options are Returning

Nov 18, 2024 | Default Management, News, News Inserts, Student Loan Repayment Assistance

Income-driven repayment (IDR) plans provide federal student loan borrowers with a sustainable way to lower their monthly payments. Among IDR plans, Pay As You Earn (PAYE) and Income-Contingent Repayment (ICR) became popular options to help borrowers reach forgiveness....
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