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.

The Biden administration recently announced that it will not extend the federal student loan forbearance deadline, which is set to expire on January 31, 2022.

Payments on federal student loans held by the Department of Education have been deferred until December 31, 2020. The memorandum also includes federal borrowers not having to pay interest during the extended deferment period.

If you are one of the 42.9 million Americans who owe some portion of the $1.57 trillion in student loan debt, you already know that student loans can be stressful. Some of your favorite celebrities and influencers have or are currently in college.

In some situations, your college may give you a refund check. With hundreds or thousands of dollars at your disposal, you're thinking about (or maybe already know) how you're getting ready to use the money.

The CapWay Student Loan Starter Pack helps you find out what you need to know about managing your loans and how to choose a payoff plan that fits your budget and financial goals.

Everyone’s journey to attending college will look different. Whether you take out loans or receive a scholarship or grant, you must carefully assess your financial situation.