For Student Loan Borrowers in Default, Redemption Just Got Easier
AS college campuses prepare for a new academic year, revised federal rules now in effect should make it easier to return student loans in default to good standing. The new rules, which became official July 1, help define what is a “reasonable and …
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These 9 Charts Show America"s Coming Student Loan Apocalypse
More than half of Direct Loans, the most common type of federal student loan, aren"t being repaid on time or as expected, according to figures from the U.S. Department of Education. Nearly half of the loans in repayment are in plans scheduled to take …
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