Student Loan News for Jan 2025 | Student Loan Professor

Jan 24, 2025 · Brandon Barfield is the President and Co-Founder of Student Loan Professor, and is nationally known as student loan expert for graduate health professions. Since 2011, …

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Biden Announces Final Round Of Student Loan Forgiveness, Bringing …

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Jan 16, 2025 · The Biden administration announced on Thursday its final round of student loan forgiveness, clearing over $600 million in the debt for thousands of borrowers.

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FAQs about Student Loan News for Jan 2025 | Student Loan Professor Coupon?

How will 2025 affect student loan borrowers?

As 2025 approaches, and with it a new federal government, student loan borrowers who have benefitted from low or no repayments, enhanced pathways to forgiveness, and interest-free deferments will likely experience changes to how debt is recovered by the federal government. There are tens of millions of student borrowers across the U.S. ...

Will student loans be forgiven in 2025?

“There is little, if any, political appetite for student loan forgiveness in the incoming Trump administration,” Johnson said. He added that borrowers should not expect any changes and prepare to keep making their payments. According to Johnson, borrowers with floating-rate student loans may see some relief in 2025. ...

Will student loans be refunded in 2025?

According to Johnson, borrowers with floating-rate student loans may see some relief in 2025. “Student loan interest rates are tied to broader market rates, and the outlook over the near term is for lower interest rates throughout the capital markets,” he said. Student loan forgiveness is up in the air heading into 2025. ...

How many federal student loan borrowers are waiting for a change?

Eight million federal student loan borrowers are waiting for the courts to decide if the repayment plan they're enrolled in — President Biden's SAVE plan — is essentially so generous that it's illegal. STEVE INSKEEP, HOST: Millions of student loan borrowers likely face a change this year. ...

Will student loan relief be legal in 2023?

Proposed spending cuts from the incoming administration indicate an... Student loan borrowers gathered at the Supreme Court today to tell the court that student loan relief is legal on January 02, 2023 in Washington, DC. Proposed spending cuts from the incoming administration indicate an end to student loan cancellation efforts. ...

How will student loan increases affect borrowers in save?

The biggest increases in student loan payments will hit borrowers who will experience a combination of these issues — borrowers in SAVE who, as a result of an expected congressional repeal or court decision, may have to switch to a different IDR plan and update their income information after not being required to do that for the last several years. ...