When President Joe Biden was elected into office, one of his main promises was to forgive borrowers’ student loans, and now it is beginning. Eligible borrowers can receive up to a $20,000 deduction in their outstanding student loans.

If you have decided to attend college, you will likely have to make many significant life choices before graduation. Below are some money management techniques that can help you save money and improve your financial situation.

Scholarships are the best option for getting a college degree debt-free. Here’s how you can get a free education by using scholarships.

A recent class-action lawsuit has led to a settlement of approximately $7.5 billion for student loan borrowers who claim the Department of Education, under the Trump administration, had intentionally not followed regulations implemented by the Obama administration, which led to many people having their debt relief claims denied.

College is a time of greater freedom and personal growth. It’s also an ideal time to learn and put in place personal finance habits that can last a lifetime.

The current student loan debt in the United States is $1.7 trillion. However, there are many options to get through college without student loans. Below are five tips to help you graduate college without student loan debt.

Not everyone wishes to attend a four-year university or pursue a bachelor's degree or higher; thus, they turn to jobs that do not have a post-secondary degree as a job requirement.

Biden Administration announced that federal student loan payments had been paused, again, until August 31, 2022. Although this is the sixth extension, it is essential to look at different ways to begin paying off student loans.

One of the nation’s more recognizable financial aid institutions, Naivent, had to forgive the debt of 66,000 borrowers earlier this month. This decision came after a lawsuit with 39 state attorney generals determined that the student loan servicer was forcing a portion of their borrowers into costly repayment plans, which they knew they would not be able to pay off.

Many Americans are struggling with handling their finances due to various reasons, and it’s starting to take a toll on their mental health. During the COVID-19 pandemic, mental health woes have increased in many young adults.

On December 22, 2021, the White House announced the extension of the student loan relief plan until May 1, 2022. President Joe Biden stated that he would extend the relief period for an additional 90 days.