New research report detailing how borrowers are paying off their student loans, what they do after, and what it might mean for their personal finances and the broader economy.
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.
Use our resources to make more informed decisions when taking out loans.
Seventy percent of new recruits pay $1,200 for GI Bill benefits they likely will not be using. Investing that money in DOD’s new Blended Retirement System (BRS) is probably a better investment.
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.
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).
Check out these tips to make sure you’re on track for Public Service Loan Forgiveness.
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.
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.
We recently published our Consumer Response Annual Report, which provides an overview of the complaints we received in 2016.
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.
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.
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.
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.
Take control of your financial life with these ten tools that can help you make choices at the grocery store, pay your credit card bill, and deal with debt. They can also prepare you for money decisions like buying a home or figuring out how to pay for college.
An important part of the CFPB’s mandate from Congress is to make rules governing consumer finance markets more effective and to create new rules when warranted. Today, we’re posting a semiannual update of our rulemaking agenda as part of the federal government’s Unified Agenda of Regulatory and Deregulatory Actions.
This summer, we had the pleasure of meeting Dani who shared her story with us. Her story was similar to many of the stories we receive on student debt. She was struggling to make ends meet and pay down her student loans.
