Existing Student Debt

Public Service Loan Forgiveness is Key for Millions of Borrowers

2 May 2018

The Public Service Loan Forgiveness (PSLF) program allows millions the hope of one day being debt-free after years of service to their country, but despite increased investment in the program, threats of deep cuts remain in Congress. Allie Aguilera of the Young Invincibles argues the value of PSLF to both student borrowers and employers in public service industries, as well as the ways to improve the program and expand eligibility for those serving our country.

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New TICAS Fact Sheets Explore Student Loan Repayment Struggles

2 May 2018

Seven million undergraduates each year rely on federal loans to enroll in and complete college, but where are students borrowing the most to pay for college? What are the pitfalls facing these borrowers as they repay their loans? The Institute for College Access & Success (TICAS) has two new fact sheets analyzing these struggles and trends.

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Tax penalty hits student loan borrowers in income-driven repayment plans for the first time

19 April 2018

Some student loan borrowers will be facing a larger tax bill this year due to a flaw in policy that taxes forgiven student loan debt as income. Diane Cheng of TICAS explains why this unfair tax penalty is placed upon some borrowers in income-driven repayment (IDR) plans, and why policymakers need to fix this policy.

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5 Facts About the Proposed Student Loan Repayment System

19 April 2018

The Department of Education is about to move forward with a new student loan repayment system that will dictate how borrowers repay their loans for decades to come.
Colleen Campbell of the Center for American Progress breaks down the five things you need to know about the big changes coming to Federal Student Aid.

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Our Support for the Student Borrower’s Bill of Rights in Massachusetts

10 April 2018

At a time when student loan servicers are seeing their interests protected by Education Secretary Betsy DeVos and Congress—above the interests of individual consumers and student loan borrowers—a Student Loan Bill of Rights at the state level is absolutely necessary.

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