Starting next month, the federal government will once again begin collecting payments and interest on outstanding federal student loans, after a three and a half year pause during which no payments were required. As a result of the COVID-19 epidemic, the federal government declared in March of 2020 that student loan payments and interest accrual […]
Although student loan payments are scheduled to commence shortly, some borrowers may have zero monthly payments. Tuesday marked the official introduction of the Biden administration’s Saving on a Valuable Education (SAVE) Plan. Vice President Kamala Harris stated in a statement that the proposal might save the average borrower approximately $1,000 per year. It is anticipated […]
With the assistance of the Federal Trade Commission and the Department of Justice, victims of Ameritech Financial’s student loan debt relief scam will eventually receive refunds. AmeriTech Financial was headquartered in California as well as operated as American Financial Benefits Center under the leadership of Brandon Frere. The FTC announced in a press release issued […]
After over three years of interest-free deferment on federal student loans, millions of Americans will soon be required to make monthly payments. The effects may spread throughout the economy. Currently, federal student loan debt stands at $1.6 trillion, based on data from the New York Fed’s first quarter Household Debt and Credit Report. This will […]
