U.S. Student loan debt statistics you should know in 2023

Loans

U.S. Student loan debt statistics you should know in 2023

U.S. Student loan debt statistics you should know in 2023

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. At the end of 2022, the Federal Reserve reported that roughly 43.5 million Americans have... Read More

Who Is Navient and Why Are They Calling Me?

Student Loans

Who Is Navient and Why Are They Calling Me?

Who Is Navient and Why Are They Calling Me?

According to the Federal Reserve, 4 in 10 people who go to college incur debt to pay for their education. Currently, individuals with outstanding student loan debt owe as much as $100,000 or more, with more than 40% owing between $20,000 and $99,999.  If you’re struggling with student loan debt, you certainly aren’t alone. Understanding your... Read More

How Student Loans Can Hurt Your Mortgage Application

Mortgages

How Student Loans Can Hurt Your Mortgage Application

How Student Loans Can Hurt Your Mortgage Application

Whether you’re a parent proudly financing higher education for your child or a student signing on the dotted line for your own student loans, it’s important to understand how those debts can impact your future. Do parent PLUS loans affect getting a mortgage, for example? The short answer? Yes, any student loan you’re responsible for... Read More

The COVID-19 Federal Student Loan Freeze Was Extended—What’s Next?

Loans

The COVID-19 Federal Student Loan Freeze Was Extended—What’s Next?

The COVID-19 Federal Student Loan Freeze Was Extended—What’s Next?

Christmas came early for millions of federal student loan borrowers courtesy of the federal government. While the federal student loan freeze was set to unfreeze on August 31, 2022, with payments restarting in February, President Biden pointed to the continuing “impacts of the pandemic” as the primary reason for keeping federal student loan payments, interest... Read More

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