, 1,089,846 borrowers are on track for public service loan forgiveness with approved employment certification forms.
Here's what the latest data is telling us about the status of the public service loan forgiveness program.62% of approved employment certification forms were from government employees. This includes Federal, state, and local government employees, as well as members of the military.
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Over 1 Million Borrowers On Track For Public Service Loan ForgivenessOver 1 million student loan borrowers are currently on track for public service loan forgiveness, despite the headlines highlight concerns over the program.
Source: Forbes - 🏆 394. / 53 Read more »
Good news for most student-loan borrowers: Interest rates are going downThe 2019-2020 academic year marks the first time in three years the rates on federal loans are set to decrease.
Source: MarketWatch - 🏆 3. / 97 Read more »
Lawmakers Plan Would Let Borrowers Cancel Student Loans in BankruptcyThe proposal would enable bankrupt student loan borrowers to cancel that debt along with medical bills, credit-card debt and other payment obligations. Erasing student loans while in bankruptcy is very difficult, even for borrowers who face extreme financial difficulties. Be prepared for a huge wave of bankruptcies Maybe we should just cancel all debt. But we still have to file bankruptcy WTF
Source: WSJ - 🏆 98. / 63 Read more »
Federal Student Loan Interest Rates Decrease For New Borrowers In 2019 - 2020U.S. Department of Education cuts Federal student loan interest rates for 2019-2020 borrowers by upwards of 10%. It should be between 0.5 and 1.0% across the board. Make the it an APR. and do this for everyone... now.
Source: Forbes - 🏆 394. / 53 Read more »
Parents Owe $89 Billion In Student Loans - Here's What To Do About ItHere's how parents can manage student loans: Yes it's write and true Manage student loan debt by telling your kid to go to a city or state university instead of a private one and by telling them to get scholarships instead of majoring in partying. debt collegelife
Source: Forbes - 🏆 394. / 53 Read more »
Student Loan Rates Will Drop 10% This SummerStudent loan rates are decreasing. Here's what it means for you:
Source: Forbes - 🏆 394. / 53 Read more »