student loans

Do you have money to burn on your student loans? Does your debt keep you warm at night? If so, this video isn’t for you. But for the rest of us, the policies of the next president will help determine if we get a break on student loan debt or if it continues to be our country’s trillion dollar problem....

Did someone say free college? Or canceled student loans? The $1.6 trillion student debt crisis was a major flashpoint during the Democratic primary, and it’s become a big talking point for both President Trump and former VP Joe Biden as they compete for young voters. Here’s what could happen to college affordability and student loans under each candidate.

NBCLX’s Jobeth Devera broke out her red Solo Cups and revisited her favorite college drinking games to help break down how the 2020 presidential election may affect your student debt. President Trump and Joe Biden both say they want to address the $1.5 trillion student loan crisis with policies that could reduce your personal debt burden. We took a closer...

Student loan borrowers with federal debt won’t see a bill until January 2021

Mark Kantrowitz, publisher and VP of research for Savingforcollege.com, breaks down how the student loan crisis got so out of hand and why it’s primed to get worse.

In normal times, not paying your student loans can crush your credit score. During the pandemic, however, federal student loan borrowers were supposed to get a break from their bills, and their lenders were supposed to report their payments as on-time anyway. That’s not how it’s playing out.

With the coronavirus affecting the income and finances of Americans, the federal government has placed federal student loans in forbearance, which means you won’t be dinged for not paying that debt for a few months. Per the CARES Act, the federal government is suspending all automatic payments until September 30, 2020. Federal loan lenders will not report to a credit…

The increasing cost of tuition has pushed some college students into desperate situations. Satchel Lee talked to college students in her hometown to uncover the extreme scenarios young people put themselves through to afford college.

As student debt continues to climb, President Donald Trump on Monday released a budget for 2021 that would slash many of the programs aimed at helping borrowers.

Tax season has just started, but you can still find opportunities to cut your 2019 taxes if you know where to look. The IRS started accepting tax returns on Jan.27, kicking off the long march to April 15 — the deadline for taxpayers to pay last year’s liabilities.

The rapid increase of student loan debt has slowed over the past few years, but individual borrower balances aren’t going down mostly because hardly anybody is paying down their loans. Total indebtedness over the past year or so has stopped its meteoric rise, according to a study that Moody’s Investors Service released Thursday. Nevertheless, the study showed a number...

Maryland Gov. Larry Hogan has announced the awarding of nearly $9 million in tax credits for state residents with student loan debt.

Presidential candidate Elizabeth Warren says she’d order her secretary of education to cancel up to $50,000 in college debt for about 95% of student borrowers on her first day in office. That would effectively erase outstanding loans for about 42 million Americans. The Democratic senator from Massachusetts vowed in a proposal released Tuesday to act immediately and not wait for...