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Report Examines Massive Overhaul of Student Loan Servicing System

Diverse: Issues in Higher Education

A new National Consumer Law Center (NCLC) report analyzes a Unified Servicing and Data Solution (USDS) contract, set to go live in the spring, and its potential impact on student loan borrowers’ rights and experiences. Alpha Taylor The U.S.

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The Student Lifestyle: Accessing Support

Student Minds

Callum discusses the student lifestyle and accessing support at University - Callum - Centre for Mental Health For as long as there have been students, there has been the notion of a ‘Student Lifestyle’. Students are meant to be poor, to have low quality housing, and to drink to excess.

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How to Revoke Access for the IRS to Share Your Income for Student Loans

Student Loan Planner

The FUTURE Act made it possible for a borrower to share their income automatically with their student loan servicer for the purposes of recertifying their income driven repayment (IDR). However, this requires an individual’s consent.

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Administrative Forbearance for Student Loans

Student Loan Planner

Federal student loan borrowers have access to a new income-driven repayment plan, the SAVE plan. This gives the servicer time to get a borrower’s payment calculated […] The post Administrative Forbearance for Student Loans appeared first on Student Loan Planner.

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New Mexico' to Provide Student Loan Forgiveness for Students Enrolling in Health Programs

Diverse: Issues in Higher Education

New Mexico's Higher Education Department has announced that it is accepting applications for a program that will provide up to 100 percent student loan forgiveness for New Mexico residents who graduated from one of the 23 out-of-state professional and graduate programs. Michelle Lujan Grisham has approved $2.2

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5 Reasons Why Your Student Loan Balance Increases

Student Loan Planner

What you owe on your student loans is likely more than you borrowed. It can be jarring to see your loan amount go up, compared to your principal balance. So what increases your student loan balance, exactly? Interest is the price of accessing loans. In many cases, interest is the culprit.

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Cordray to Step Down from Federal Student Aid Post

Diverse: Issues in Higher Education

Department of Education (ED) Office of Federal Student Aid. Richard Cordray “We are grateful for Rich Cordray’s three years of service, in which he accomplished more transformational changes to the student aid system than any of his predecessors,” said U.S. Secretary of Education Dr. Miguel A.