Tag: student loan debt

The Department of Education’s tweak came in response to a district judge’s preliminary injunction staying its definition of ‘professional degree.’

The temporary incentive comes as borrowers navigate changes to the federal student loan system.

Plan sponsors should demonstrate awareness, share updates and show a willingness to help borrowers, according to financial wellness experts.

The firm expects its artificial intelligence-based tools will help plan sponsors and individuals pay down loans more than 252,000 years...

Only students studying for certain professional degrees will be eligible for higher loan limits, but industry actors caution that nurses...

Participants increasingly look to plan sponsors for assistance, as debt looms over their ability to borrow and to save for...

The end of federal loan cancellation and interest rate cuts could add financial stress and divert plan participants from retirement...

The Department of Education will begin collecting payments from borrowers in default, ending a pause that began during the COVID-19...

Borrowers who have not begun making payments on federal student loans are being reported as delinquent to credit reporting agencies,...

Currently, 8.8 million borrowers are nearing or in retirement and owe $380 billion in student loan debt.

The retail pharmacy and health care provider will provide 401(k) matching contributions for employees making qualified student loan payments, starting...

After Monday, student loan borrowers may face credit score and fee penalties due to missing or late payments.

Employees whose employers offer educational assistance programs can use them to help pay student loan obligations until at least December...

The TIAA Institute found that 86% of health care employees carry some form of debt, including about 24% with outstanding...

Millions of people aged 55 and above have outstanding student loans, significantly impacting how much they are able to save...

In less than a year in the program, News Corp. reports strong uptake from participants enthusiastic about repaying loans while...

Michigan-based Dawn Foods Inc. changed its contribution matching formula to increase the total and reduce participants’ confusion.

The March 27 event will see panelists discuss how mounting debt can negatively impact employees’ 401(k) contributions and balances.

A luxury goods company, media company, beauty retailer and media and entertainment company are all employers implementing student loan debt...

As loan repayments are an obstacle limiting employees’ retirement savings, education savings benefits are an opportunity for employers to relieve...