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Student Loans

The Federal Reserve held rates steady. Here’s what that means for you

by Adrian Jhonsan
The Federal Reserve held rates steady. Here’s what that means for you

The Federal Reserve announced it will leave interest rates unchanged Wednesday, in a move that many believe will conclude the central bank’s rate hike cycle and set the stage for rate …

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The Fed could pull off a soft landing, here’s what that means for you

by Adrian Jhonsan
The Fed could pull off a soft landing, here’s what that means for you

The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week after recent signs the economy is in fairly good shape …

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New FAFSA may launch with old inflation data, resulting in less college aid

by Adrian Jhonsan
New FAFSA may launch with old inflation data, resulting in less college aid

A simplified Free Application for Federal Student Aid is set to roll out by the end of the month. However, the new FAFSA may launch with outdated inflation figures, which could mean many …

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What to know about refinancing as student loan payments resume

by Adrian Jhonsan
What to know about refinancing as student loan payments resume

Recep-bg | E+ | Getty Images Now that federal student loan payments have restarted after a three-year reprieve, some borrowers may be wondering if it’s a good time to refinance. …

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Loophole for parent borrowers shut out of student loan relief measures

by Adrian Jhonsan
Loophole for parent borrowers shut out of student loan relief measures

Once families hit their federal student loan limits, they often turn to federal Parent PLUS loans to secure the financing they need to send their children off to college. As college costs rose, …

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200,000 students accepted to college under direct admissions program

by Adrian Jhonsan
200,000 students accepted to college under direct admissions program

More schools offer guaranteed admission In the wake of the Supreme Court’s affirmative action ruling, colleges are looking for new strategies to recruit students from diverse backgrounds, according to Jenny …

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Education Department withholding payment to student loan servicer after billing statement errors

by Ev Richard
Education Department withholding payment to student loan servicer after billing statement errors

The Department of Education announced Monday that it is withholding millions of dollars in payment to the student loan servicer Missouri Higher Education Loan Authority (MOHELA) over billing statement errors …

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Categories Technology

Federal Reserve may not hike interest rates. What that means for you

by Adrian Jhonsan
Federal Reserve may not hike interest rates. What that means for you

Credit card rates top 20% Most credit cards come with a variable rate, which has a direct connection to the Fed’s benchmark rate. After the previous rate hikes, the average credit card …

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Categories World

Biden administration rolls out new consumer protections for borrowers

by Adrian Jhonsan
Biden administration rolls out new consumer protections for borrowers

U.S. Secretary of Education Miguel Cardona speaks during the National Action Network’s National Convention in New York on April 12, 2023. Jeenah Moon | Reuters The Biden administration announced on …

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Categories World

What student loan borrowers should know about 12-month on-ramp period

by Adrian Jhonsan
What student loan borrowers should know about 12-month on-ramp period

A woman planning a budget. Rockaa | E+ | Getty Images Do I have to do anything to apply for the relief? Borrowers do not need to enroll in the …

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