Latest Student Loan News

Student Loan Repayment is Here

What now for borrowers? After nearly three years, the student loan payment pause officially ended on September 1st. Borrowers will start getting their first bills in September that will be […]
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SAVE: A New Payment Plan That Will Reduce Monthly Payments

After the Supreme Court struck down President Biden’s student loan cancellation plan, President Biden announced a number of new actions  to help student loan borrower. One of those actions was […]
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Nearly a Million Student Loan Borrowers Getting Long Overdue Cancellation

On Friday, July 14th, the Department of Education announced that it was sending notice to 804,000 borrowers who had spent 20 to 25 years in repayment on their federal student […]
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Pres. Biden Announces New Student Debt Relief Effort After Court’s Decision

After the Supreme Court struck down the student debt cancellation plan, President Biden announced he would pursue an alternative pathway to provide debt relief to borrowers. The new approach involves […]
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Supreme Court Strikes Down President’s Biden Student Loan Relief Plan

Today, the Supreme Court struck down President Biden’s plan to provide relief to millions of low-income Americans who are struggling with student loan debt. Borrowers were counting on debt relief […]
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FTC Sending Refunds to People Scammed by Student Debt Relief Company Arete

On June 14, 2023, the Federal Trade Commission (FTC) announced that it settled a lawsuit against Arete Financial Group (Arete Financial) for operating an illegal student debt relief scheme and that it will send checks totalling $3.3 million to 37,844 borrowers harmed by the company.
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NCLC Launches Revamped Student Loan Borrower Assistance Website!

NCLC’s Student Loan Borrower Assistance Project has launched a newly updated website with comprehensive resources for student loan borrowers and advocates.  For student loan lawyers and advocates, the website provides […]
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A Major Flaw in the IDR Account Adjustment: Excluding Time in Default

By Kyra Taylor, National Consumer Law Center and Winston Berkman-Breen, Student Borrower Protection Center This blog is the third post in a three part series about the IDR Account Adjustment and the continued […]
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The Income-Driven Repayment Account Adjustment Effectively Extends Many of the Flexibilities Announced As Part of the Public Service Waiver That Expired On October 31, 2022

By Kyra Taylor, National Consumer Law Center and Winston Berkman-Breen, Student Borrower Protection Center This blog is the second post in a three part series about the IDR Account Adjustment and the continued […]
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