September 2ndth, 2022
- Time - 11:00 AM CST
- Length - 1 hour
During this session, we will cover updates to Federal student loan policies:
- Repayment Resumption
- Loan Forgiveness
- Servicer Changes
- IDR Payment Count Revisions
Student Loan Delinquency 3x Higher Than Pre-Pandemic
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
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,...
College Closures: Why So Many Nonprofits Closed in 2024
Over 70 colleges closed in the U.S. since 2020. In 2024 alone, nearly 20 nonprofit colleges and universities closed -- a stark reminder of higher education's challenges. Was there any way these institutions could have overcome those challenges? Let's analyze the top...
Student Loan Repayment Updates for End of Year
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....
College Enrollment Drops 5% Among 18-year-old Freshman
Higher education has taken another shift this year, with a significant 5% decrease in the enrollment of 18-year-old college freshmen. This downturn was a surprising contrast to last year's growth and has raised concerns among college leadership and policymakers....
Two Income-Driven Repayment Options are Returning
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....
Student Loan Policy Changes Expected Under the New Republican Administration
The 2024 election has handed control of the White House and Senate to the Republican Party, with a potential GOP majority in the U.S. House of Representatives. The incoming administration is expected to introduce federal student loan policy changes to undo forgiveness...
SAVE Plan’s Legal Jeopardy Continues and Joint Consolidation Loan Separation
Student Loan Forgiveness Court Challenges Continue Last week, the 8th Circuit panel of judges questioned the Biden administration's authority under the Higher Education Act to grant debt forgiveness in the Saving on a Valuable Education (SAVE) plan. The SAVE plan has...
Student Debt Relief Based on Hardship: New Rules Proposed for 2025
The Biden Administration continues to push new student debt relief efforts. On October 25, the U.S. Department of Education released a press release announcing a set of proposed rules that, if finalized, would authorize student loan forgiveness for nearly eight...
These Student Loan Borrowers Are Not Making Payments
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 temporarily...
Student Debt Benefits for Healthcare
October 17, 2019
The off-Cycle Benefits of 2020: Student Loan Benefits
January 23, 2020
Our Latest Survey Report
Student Loan Assistance for Financial Wellness
Beneficial to Employer and Employee
We asked 1,000 employees which benefits they want the most.
You’ll be surprised what topped their list.
