student loans

Seniors and the Student Loan Debt Crisis

The numbers are frightening…according to the Consumer Financial Protection Bureau (CFPB), the last decade has seen a dramatic increase in the number of older Americans with student loan debt, much of which is attributable to loans they’ve co-signed on behalf of family…

Understanding “Administrative Offset”

The term “administrative offset” is a kind of catch-all phrase referring to a process where funds due–including Social Security Disability payments–to a recipient can be redirected to cover an outstanding debt. The process, for example, can apply to student loans, delinquent…

Veterans and Student Loan Forgiveness: DOE Steps of Forgiveness Efforts

(Source: www.ed.gov) WASHINGTON, D.C. – The U.S. Department of Education (Department) has partnered with the U.S. Department of Veterans Affairs (VA) to make it easier for America’s disabled veterans to have their federal student loans discharged. “Our nation’s veterans have sacrificed…

Student Loans and Social Security: New Legislation Introduced

Www.plansponsor.com’s Rebecca Moore takes a look at H.R. 1937: Student Security Act of 2017, introduced last year with an objective of providing “loan forgiveness to borrowers of Federal student loans who agree to delay eligibility to collect Social Security benefits, and…

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