News

Millions of student loan borrowers are behind on payments. What it means for the economy.
Millions of borrowers saw their credit scores plummet in the first quarter, which could make major purchases like buying a ...
Millions of Americans See Credit Scores Plunge
More than 2.2 million delinquent student loan borrowers have seen their credit scores drop this year, says the New York Fed.
The Washington Informer1d
Credit Scores Plunge in D.C. as Student Loan Delinquencies Surge
Credit scores for millions of Americans have plummeted, impacting access to affordable loans and housing, particularly in D.C ...
Forget tariffs — GOP proposals on student loans will crack the economy
GOP budget proposals will raise costs on student loans, push more borrowers into default and cut assistance programs to the ...
What to do if your credit score is harmed by the restart of federal student loan collections
Current shares everything you need to know about why credit scores are dropping and what steps you can take to start bumping ...
Student Loan Update: Borrowers Catch a Break as Interest Rates Drop
For loans disbursed between July 1, 2025, and June 30, 2026, undergraduate rates will be set at 6.39 percent, a decline from ...
President Donald Trump's Policy Is Set to Impact the Social Security Checks of Roughly 2,000,000 Beneficiaries -- Are You One of Them?
Modest to meaningful Social Security payout reductions are on the way for approximately 2 million retired workers, survivor ...
Governing2d
With Feds Collecting on Student Loans, States Help Navigate Repayment
Nearly 20 states have created borrowers’ bill of rights and ombudsman offices to help borrowers figure out confusing ...
The Trump-backed budget bill would hit student loans hard. Here’s what borrowers should know.
The bill would basically turn back the clock on the Biden administration’s efforts to make college loans more affordable for ...
Wage garnishment for defaulted Student Loans begins this summer: What to do before it's too late
Starting this summer, millions of U.S. borrowers with defaulted federal student loans face the resumption of aggressive debt collection measures, including wage garnishment, tax re ...
Financial experts warn credit scores could plummet as student loan collections resume
Jennifer Doss, executive editor of CardRatings.com, says loan repayment history accounts for about 35% of your credit score – ...
The Courier-Journal13d
Millions of student loan borrowers are behind on payments. What it means for the economy.
Their May 5 report says the GDP impact is "relatively ... Canchola Bañez of the Student Borrower Protection Center shared advice for borrowers who are delinquent on their loans: Borrowers should ...