We asked how much student debt is okay, and how much is too much. One in five senior citizens and almost a quarter of adults between the ages of 35 to 49 agree that $20,000 to $50,000 in student ...

All told, about 43 million federal student loan borrowers owe a total of $1.6 trillion in debt. Starting May 5, those in default face having tax refunds withheld and wages garnished if they don ...

Student loan restrictions in the new Republican tax and spending law could exacerbate the student loan crisis, and deepen ...

2. Longer timelines to loan forgiveness As of now, borrowers who enroll in the standard repayment plan typically get their debt divided into 120 fixed payments, over 10 years.

In 2023, the Supreme Court blocked that effort, which called for forgiving up to $10,000 ‒ or in some cases, up to $20,000 ‒ of federal student loan debt for individual borrowers.

If a debt collector contacts you, verify their legitimacy by checking directly with your student loan servicer to confirm the status of your loan and whether it has been turned over to collections ...

If a debt collector contacts you, verify their legitimacy by checking directly with your student loan servicer to confirm the status of your loan and whether it has been turned over to collections ...