Advice for students and families filling out FASFA
GALION INQUIRER — And let’s be real, the FAFSA is already confusing enough on its own, so having to think about COVID-19 on top of that just adds to the stress. But don’t worry. We’re about to break down what you and your kids need to know about the FAFSA this year:
Read More about Advice for students and families filling out FASFATips on accessing student loan forgiveness
FORBES — Approximately 147,000 people have been rejected for student loan forgiveness. Here’s what you need to know.
Read More about Tips on accessing student loan forgivenessCollege graduate debt rises as Congress mulls future of student loan forgiveness
CNBC — As the debate over extending student loan forgiveness continues in Congress, college students are taking on increasing amounts of debt. Typically, 7 in 10 college seniors graduate in the red, owing about $30,000 per borrower, according to data from the Institute for College Access & Success.
Read More about College graduate debt rises as Congress mulls future of student loan forgivenessHouse and Senate propose bills on student loan payment deferment
CNBC — A House bill with bipartisan support would allow 2020 college graduates to postpone their student loan payments for three years without interest accruing.
Read More about House and Senate propose bills on student loan payment defermentA look at pandemic student debt relief programs
CNBC — Between the impact of the coronavirus pandemic and a growing sense that there’s something broken with how the U.S. finances higher education, plans to deliver relief to borrowers are taking off.
Read More about A look at pandemic student debt relief programsManaging student loan payments during a crisis
YAHOO! FINANCE — In the aftermath of a natural disaster, you may find that you have questions related to your federal student loans or financial aid, especially if you have trouble making a payment or need to transfer to another school. If you find yourself in this situation, knowing where to go for help can give you…
Read More about Managing student loan payments during a crisisFederal student aid applications and renewals down
INSIDE HIGHER ED — The number of students filing a Free Application for Federal Student Aid is still down from this time last year. Completions of the application started to decline in mid-March, when parts of the country began to shut down in response to the coronavirus pandemic, according to the National College Attainment Network, which…
Read More about Federal student aid applications and renewals downFederal student loan interest rates drop to new low
THE NEW YORK TIMES – The coronavirus may be upending the way colleges operate, but at least students and their families will get a break if they borrow money from the government for an education. The interest rate on new federal student loans for undergraduates will fall to a record low this summer. Those students…
Read More about Federal student loan interest rates drop to new lowA look at student loan debt relief efforts
THE WASHINGTON POST – The unprecedented speed of job losses in the United States because of the novel coronavirus has left many people unable to manage their debts, including student loans. The Labor Department said 20.5 million people lost their jobs in April. The $2 trillion stimulus relief prompted by the extraordinary economic downturn provided…
Read More about A look at student loan debt relief effortsA look at law school tuition and student loan options
BLOOMBERG LAW — Law school is expensive. In Part 1 of a two-part series on law student debt, Vinson & Elkins LLP’s Bryan Gividen discusses how student loan debt works and how law school applicants should evaluate whether a school is a responsible financial decision.
Read More about A look at law school tuition and student loan options