Tag Archives: student loan debt

Relief for Older Americans with Student Loans

An increasing number of older Americans have defaulted on their federal student loan debt. To recover this debt, the federal government can withhold a portion of Social Security payments—a process known as offsetting. A team led by Allison Bawden, a … Continue reading

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Student Loan Income-driven Repayment Plans (podcast)

Income-driven repayment (IDR) plans can help borrowers who are struggling to repay their student loans. These plans allow federal student loan borrowers to make lower payments over longer periods of time based on their income. At the end of the … Continue reading

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AskGAOLive: Student Loan Debt, a Video Chat from October 29th

Update (11/2/2015): This post has been updated to include links and images shared during the chat. Outstanding student loan debt now exceeds $1 trillion. And some borrowers are struggling to make their payments—about 12 percent defaulted on their student loans … Continue reading

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Podcast on Federal Student Loan Repayment Options

Millions of Americans rely on federal student loans to help finance their education. But outstanding loan debt now exceeds $1 trillion. Further, about 14% of borrowers default on their loans within 3 years of entering repayment. Some federal programs exist … Continue reading

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