It may make sense to switch to another income-driven repayment plan, but you do not have to make the move by Aug. 1. Here's ...

Receiving a 1098-E form may allow you to deduct student loan interest on your federal tax return. This deduction can reduce your taxable income by up to $2,500, offering some financial relief for ...

Income-driven repayment, or IDR, plans, are designed to make student loan repayment more affordable by limiting monthly payments to a certain percentage of a borrower's income. Income-driven ...

Income-driven repayment plans cap your monthly student loan payments between 10 to 20 percent of your available monthly income with the specific amount depending on the plan and family size. But ...

Payments are 10% of discretionary income for those who were new borrowers on or after July 1, 2014, and 15% for borrowers who took out loans prior to that date.

The White House’s new student loan forgiveness program offers $10,000 in forgiveness to nearly all borrowers (and $20,000 to those with Pell Grants), unless you are a high-income earner (earning ...

Nearly two months after President Joe Biden announced his plan to cancel debt for millions of borrowers, the online application for federal student loan forgiveness is now open.. Federal Pell ...

Income-driven student loan repayment plans have resumed. What to know After months of Republican backlash against a Biden-era student loan repayment plan, the Department of Education suspended ...

Income-driven student loan repayment plans have resumed. What to know After months of Republican backlash against a Biden-era student loan repayment plan, the Department of Education suspended ...