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.
When military borrowers are not able to get on track for programs like PSLF, they can end up paying tens of thousands of dollars they would otherwise not owe.
We’ve released a state-by-state snapshot showing how student loan debt is spread across the country. We also break down the complaints we’ve handled from student loan borrowers in every state.
New data shows how costly (or cheap) it can be for students to use their college-sponsored bank account.
OIder borrowers across the United States are increasingly affected by student loan debt, according to our research.
Too many student loan borrowers struggling, not enough benefiting from affordable repayment options
According to a new CFPB report, at-risk student loan borrowers are struggling with repayment, even with options to help them available.
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).
If you’re a teacher, member of the military, first responder, government employee, or work in another area of public service, you may be eligible for the Public Service Loan Forgiveness (PSLF) program.
Check out these tips to make sure you’re on track for Public Service Loan Forgiveness.
A default can lead to severe consequences, including damaged credit, wage garnishment, and offset of social security and other government benefits. There are options to get back on track after falling behind on a federal student loan.
Errors in your college enrollment record can affect your finances in ways you don’t expect.
We are working to improve transparency in the student loan servicing market to better serve consumers.
Check out these tips to help tackle your student loan debt.
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.
Four tips to help older student loan borrowers navigate common problems with their student loans
As the number of older Americans with student debt has quadrupled, older borrowers complain about many problems with lenders, loan servicers, and debt collectors that exacerbate their financial challenges.
All student loan borrowers have the right to pay off their student loans as fast as they can, but some borrowers who try to make extra payments may run into servicing roadblocks. Learn more about how to protect yourself and avoid getting knocked off track.
La actual crisis de deuda estudiantil afecta considerablemente a las comunidades de color. Vea más información aquí.
Today’s student debt crisis significantly impacts communities of color. Learn more.
¿Tomó préstamos estudiantiles para asistir al ITT Tech? Pues, debe saber que tiene opciones.
Estudiantes de ITT Tech: Conozcan más acerca de sus opciones y qué hacer con sus préstamos estudiantiles cuando la escuela cierre.
ITT Students: Learn more about your options and what to do with your student loans when your school shuts down.
Trying to enroll in an income-driven repayment plan? Avoid #ApplicationAbyss with our tips and resources.
Almost all federal student loan borrowers are eligible for an income-driven repayment (IDR) plan, but we have heard that successfully enrolling in one of these plans can be extremely difficult. To help, we’ve put together some tips.
Last month, we published a report based on your stories and issued a call for industrywide reforms to protect consumers. Building on this work, today, we released our annual report on student loan complaints, taking a closer look at the problems experienced by certain student loan borrowers.
On campus, a bank account may be marketed to you that is co-branded with your college’s logo and may be attached to your campus ID through a debit card. But remember, just because an account has been sponsored by your college, it doesn’t always mean that it’s a good deal for you.
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.
Some borrowers have already shared with us their experiences with their student loan servicer (the company that sends a bill each month). We’ve released the first batch of your stories and we encourage you to take a look at what we’re hearing from the public at regulations.gov.