Oct 18, 2024 | Default Management, News, News Inserts, Student Loan Repayment Assistance
The end of the federal student loan repayment grace period has been a financial rude awakening for millions of borrowers. After the pandemic-related pause on payments since March 2020, the Department of Education’s 12-month “on-ramp” program, which...
Oct 11, 2024 | Default Management, News, News Inserts
Disaster relief for student loan borrowers is currently available for individuals impacted by FEMA-designated disasters, including Hurricane Helene and Hurricane Milton. If you’re having trouble reaching your servicer or your school’s financial aid office,...
Oct 4, 2024 | Default Management, News, News Inserts, Student Loan Repayment Assistance
The federal student loan “on-ramp” period officially ended at midnight on September 30. This on-ramp gave borrowers 12 months to adjust to making their student loan payments without negative consequences for missed payments. Many Student Loan Borrowers Did...
Sep 13, 2024 | Default Management, News, News Inserts
12-Month On-Ramp for Federal Student Loans to Expire Soon The Department of Education’s 12-month on-ramp for federal student loans expires September 30th. The on-ramp prevents the worst consequences of missed, late, or partial payments, including negative credit...
Sep 6, 2024 | General, News, News Inserts
Court Temporarily Blocks Biden Administration’s Latest Debt Relief Plan This week, a federal judge granted a temporary restraining order against the Biden administration’s student debt relief plan, which may lead to record-high student loan defaults. The...
Aug 12, 2024 | News, News Inserts
The 8th Circuit Court of Appeals has updated its temporary stay of the Saving for a Valuable Education (SAVE) income-driven repayment (IDR) plan and issued a preliminary injunction formally blocking SAVE. The Department of Education will place all borrowers currently...