Federal Student-Loan Loss Forecast Rises by $53 Billion

WASHINGTON—The Biden administration has raised an estimate of losses on the federal authorities’s student loan portfolio by $53 billion, reflecting decrease compensation charges and pandemic-relief efforts. The new estimate—contained within … Read More

What to Do if You’re Behind on Student-Loan Payments

Borrowers who’re having hassle making federal student-loan funds shouldn’t panic. There could also be choices for aid. Getting behind on student loan funds—or worse, defaulting—can result in critical monetary penalties, … Read More

Employers Try a New Perk: Matching Student Loan Payments With 401(okay) Contributions

Many staff with student loans postpone saving for retirement. Now, a handful of firms try to forestall them from falling behind on retirement financial savings by matching their student-loan repayments … Read More

Writing Off Student Loans Is Only a Matter of Time

In her speech on the Democratic National Convention, Hillary Clinton exclaimed, “Bernie Sanders and I will work together to make college tuition-free for the middle class and debt-free for all!” … Read More

How to Suspend Your Student-Loan Payments

People with student loans obtained some excellent news Friday. President Trump mentioned the federal government would give nearly all federal student-loan debtors the choice to droop funds for a minimum … Read More

Forgive Student Loans, however Only a Little

Student-loan cancellation could also be an interesting concept, however it will enrich the privileged and depart behind—or even perhaps drain cash from—the really needy. Progressive requires President-elect Joe Biden to … Read More

How Parents Can Help Their Children Pay Off Student Loans

That’s a query many baby-boomer mother and father are wrestling with as they watch their young-adult kids wrestle to repay school debt in an period of sluggish wage development and … Read More

The Pros and Cons of Federal vs. Private Student Loans

For many households and students taking out school loans, one of many thorniest questions is that this: federal or non-public? It’s simple to get confused. Here is a information to … Read More

‘Grandfather of CDOs’ Trying to Do For Higher Education What He Did for Mortgages

Christopher Ricciardi helped popularize collateralized debt obligations. Photo: Jimi Celeste/PMC A decade after the monetary disaster, The Wall Street Journal has checked in on dozens of the bankers, authorities officers, chief … Read More