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Millions of borrowers are falling behind on student loan payments, triggering steep credit score drops. If you or your family carry student debt, here's what you need to know now.
Conservatives say the changes will encourage repayment and reduce costs to taxpayers. “The student loan portfolio is headed toward a fiscal cliff,” said Madison Marino, an education policy expert with ...
“The student loan portfolio is headed toward a fiscal cliff,” said Madison Marino, an education policy expert with the Heritage Foundation. “Only 38% of borrowers are currently repaying ...
Under the rules, 15% of Social Security benefits could be used to offset federal student loans that are in default. On the plus side, up to $750 of monthly Social Security benefits are protected.
After a roughly five-year hiatus, student loan borrowers are once again seeing their credit scores plunge if they fall behind on payments. Economists say it could be bad news for borrowers and the ...