Key Student Loan Developments and Their Economic Impact
TL;DR
Recent months have seen significant changes and ongoing turmoil in the federal student loan system, including legal challenges, legislative proposals to overhaul repayment and forgiveness programs, regulatory moves by the Department of Education, and increased collection efforts on defaulted loans, affecting over 40 million borrowers with potentially costly consequences.
- 5 Big Student Loan Updates After A Hugely Consequential Month Forbes
- As millions miss student loan payments, here's how it could hurt the economy USA Today
- How the Student Loan Crisis Will Show Up in the Economy WSJ
- Student borrowers' credit scores are taking a hit. Here's why that matters. CBS News
- Wage garnishment for defaulted Student Loans begins this summer: What to do before it's too late MARCA
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