The U.S. Department of Education's deferments and forbearances — or payment pauses — can help student loan borrowers avoid the harsh consequences of falling behind on their bills, consumer advocates ...

The IRS provides student loan interest deduction that lets borrowers subtract some of the payments from their taxable income.

・Starting July 1, 2027, new federal student loan borrowers will no longer qualify for economic hardship or unemployment deferment. ・Forbearance options will be restricted to a maximum of 9 months ...

At the current rate of processing, some borrowers with student loans eligible for loan forgiveness could be waiting many ...

There’s been a sharp uptick in the number of student loan borrowers hitting the pause button on their monthly bills. The U.S. Department of Education offers two primary ways to postpone your payments ...