Student Loans: The Best Repayment Plans Available
Millions of student loan borrowers who have fallen behind on their repayments have just a matter of days to arrange a payment plan and get back on track. But which repayment option is best for your financial situation? May 5 Deadline The Department of Education (ED) recently confirmed that forced collections on defaulted loans will […]
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Student Loans: What Resumption of Payments Means for Taxes, Social Security
In less than a week, millions of student loan borrowers who have not been keeping up with their payments will face forced collections, meaning their wages, Social Security and tax refunds could all suffer. The resumption of payments will impact more than 5 million borrowers who are currently in default, the Education Department said, adding […]
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DOGE Details Major Changes to Small Business Loans: What To Know
Loans offered by the Small Business Administration (SBA) are now subject to new rules following Department of Government Efficiency (DOGE) work at the federal agency. Why It Matters The SBA guarantees loans for small businesses across the country, helping companies get funding by setting guidelines for loans and reducing lender risk. According to the SBA, […]
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Student Loans: Education Secretary McMahon Discusses Trump Admin Moves
Department of Education Secretary Linda McMahon on Sunday addressed many of the changes facing the ED as President Donald Trump delivers on a key campaign promise to shutter the department. Why It Matters Trump repeatedly promised during his 2024 presidential campaign that he would shut down the ED—a long-standing and much-desired goal for many Republicans. […]
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