The Education Department said miscalculations had caused many borrowers to see higher monthly payments than they actually owed.
Tag: Student Loans
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Biden Cancels an Additional $9 Billion in Student Loan Debt
The move comes just three days after student loan repayments resumed following a three-year pause.
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What Happens if You Miss Your Student Loan Payments
Missed payments will be reported as a forbearance rather than as delinquencies. But your credit score could still be affected.
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Wall Street’s Most Hated Regulator Faces a Fundamental Threat
Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.”
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Where Would a Government Shutdown Immediately Be Felt Most?
As federal agencies prepare to enact their contingency plans for a shutdown, this is where the public could notice changes in the coming days.