by Whoosh Agency | Mar 30, 2021 | News, Student Loan Trusts, Student Loans
According to NerdWallet, Biden’s student loan forgiveness could wipe out debt for 15 million borrowers. More than a third of federal borrowers could see their balances fall to zero with $10,000 in debt cancellation. However, for now, the forgiveness only extends to...
by Whoosh Agency | Feb 18, 2021 | Student Loan Trusts, Student Loans
College students often take out Federal loans because of low interest rates and fair terms. There are no definitive programs for deferment, forbearance, cancellation, or affordable repayment rights with a private student loan. It is also more likely that you get a...
by Whoosh Agency | Sep 8, 2020 | Student Loans
Over 44 million Americans have student loan debt, according to a 2018 report by the Federal Reserve Bank of New York. The total amount of student loan debt is more than $1.47 trillion, as of the end of 2018. Student loan debt in America is greater than credit card...
by Whoosh Agency | Jul 14, 2020 | Student Loans
You are not alone if you are facing student loan struggles and Law Zebra may be able to help The #1 phrase searched on the internet related to student loans is “Student Loan Forbearance.” This is not a coincidence. According to the U.S. Federal Reserve, there is $1.64...
by Whoosh Agency | Jun 1, 2020 | Student Loans
The COVID-19 pandemic is making it even more likely that borrowers will have no choice but to default on student loans. The CARES Act suspends student-loan payments through September 2020, though borrowers can choose to continue paying on their loans.[1] Interest...
