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Category: Info for consumers |
Published

Help is here for people with severe disabilities struggling with student loans

Borrowers whose student loans are forgiven due to death or disability will no longer have to pay federal income taxes on those forgiven loans. Now, tens of thousands of disabled veterans and hundreds of thousands of people living with severe disabilities are eligible for new student loan protections.

Category: Info for consumers |
Published
Student Loans, graduation cap, checkbook, and books

Certifique su servicio: Guías para el programa de Perdón de Préstamos por Servicio Público

Si usted es maestro, militar, personal de primeros auxilios, o empleado del gobierno, o trabaja en otra área del servicio público, y tiene deudas de préstamos estudiantiles, podría estar cubierto bajo el programa de Perdón de Préstamos por Servicio Público (PSLF, por sus siglas en inglés).

Category: Data, research, and reports |
Published

Your feedback helped us update our Payback Playbook prototype

After reviewing more than 3,400 comments on our student loan Payback Playbook, we worked to create revised prototype disclosures. The updated Payback Playbook prototype will provide borrowers with personalized and actionable information on their student loan repayment plan options and help borrowers secure a monthly payment they can afford.

Category: Info for consumers |
Published

When you make student loan payments on an income-driven plan, you might be in for a payment shock

For borrowers who are experiencing financial distress and looking for a way to pay back their federal student loans, income-driven repayment plans can be the key to helping you make ends meet. But for some borrowers seeking to tie their federal loan payment to their income, we know the road can be rocky. You’ve told us about problems related to enrolling in income-driven repayment plans that ended up costing you hundreds of dollars in unexpected payments.