’Tis the Season for Student Loan Scam Calls

’Tis the Season for Student Loan Scam Calls

By Emily Wu, FTC If you have a federal student loan, you probably already know that the Coronavirus emergency relief program that has paused your payments is ending. Repayments will begin again after January 31, 2022. Scammers know it, too, and are looking for ways to take advantage: they’re calling, texting, and e-mailing to try […]

Taking out a Student Loan for Your Child can Hurt Your own Financial Well-Being

Taking out a Student Loan for Your Child can Hurt Your own Financial Well-Being

By Thomas Korankye, The Conversation When people take out student loans for themselves, certain risks are involved. The debt can negatively affect a person’s mental, emotional and even physical well-being. It can also harm a person’s financial well-being. But when taking out a student loan for one’s child, the risk is even higher that the […]

Cancel Student Loans—4 Other Ways Biden Can Change Student Loans

Cancel Student Loans—4 Other Ways Biden Can Change Student Loans

2020 presidential candidate Joe Biden, speaks during an event on Thursday, November 14 at Los Angeles Trade–Technical College, in Los Angeles, Calif. (Shutterstock) By Zack Friedman, Forbes Joe Biden can impact your student loans in many ways even if he doesn’t cancel student loans. Here’s what you need to know. Student Loans President-elect Joe Biden has called […]

Pause on Making Loan Payments Has Improved Credit

Pause on Making Loan Payments Has Improved Credit

By Kery Murakami, Inside Higher Ed The pause on making student loan payments passed by Congress and extended through the end of the year has thus far helped improve the credit ratings of borrowers, according to a study released today by the Urban Institute’s Center on Education Data and Policy. To compare the impacts of […]