There is no absolute income cutoff for filing the FAFSA and many, even high earners, may receive financial aid or access to federal student loan benefits. Many assume that if a family earns “too much, ...
A law that shielded student loan forgiveness from taxation at the federal level expires at the end of 2025. Meanwhile, the federal government has resumed garnishing the tax refunds of borrowers in ...
Many federal student loan borrowers surveyed said they don't know about income-driven repayment plans or Public Service Loan Forgiveness. But these U.S. Department of Education programs can lower ...
・This tool estimates your discretionary income as defined by federal student-loan regulations, not personal-budget leftover money. ・Discretionary income = Your AGI – (150% or 225% of the federal ...
Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Department of Education completed a rulemaking process ...
It’s a new year for student loans, and big changes are happening that will impact millions of borrowers across the country. Historic legislative changes, sweeping regulatory updates, and major legal ...
Trump gave defaulted student-loan borrowers a major break on wage garnishment and tax refund seizure. Still, thousands are ...
The Trump administration says it is canceling student debt for millions of borrowers — a pivot from its previous moves to block some loan forgiveness plans. In an agreement with the American ...
Millions of borrowers who are behind can expect the government to tighten repayment options this year. Experts say take action now to get help. By Ann Carrns Millions of borrowers have fallen behind ...
Millions of student loan borrowers will see the “light at the end of the tunnel” after the Trump administration agreed to reinstate loan forgiveness plans it had partially blocked following a court ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. LordHenriVoton / Getty Images ...