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MOHELA, the Education Department's loan servicer, urges student loan holders to reapply for income-driven repayment plans filed before April 27, 2025 to expedite processing and cancel previous ...
Key Points ・Borrowers with federal loans issued after July 1, 2026, will choose between the new Standard Plan or a new income-based option called the Repayment Assistance Plan (RAP). ・Existing ...
A sweeping new legislative proposal known as the "Big Beautiful Bill" is poised to reshape federal student loan repayment.
MOHELA advised that reapplying for an income-driven repayment plan could speed up processing times amid a backlog.
The final vote on the bill itself hasn’t happened yet, but it’s expected soon, possibly late Monday, as Republicans race to ...
A new Senate bill backed by President Trump proposes major changes to federal student loan repayment plans in 2025. Here’s ...
Congress is considering borrowing limits for federal student loans in the GOP budget reconciliation bill.
Proposed federal student loan caps would limit how much parents can borrow to help pay for their children’s college.
While your monthly loan payment may go down on RAP, depending on your income, the longer time frame could create an obstacle ...
The Senate parliamentarian struck down several key provisions in President Donald Trump's major tax and spending bill.
To lower your student loan interest rate, your options include signing up for autopay, consolidating or refinancing your loans, and improving your credit score.
Freedom Debt Relief takes a deep dive into whether you should aim to become debt-free before you retire and helps you make a ...