Tag: 401k loan
‘A new era for student loan payments’: Here’s what you need to know about the Affordable Care Act’s student loan forgiveness
For some borrowers, the Affordable Healthcare Act’s forgiveness of student loan debt is the most significant change in the federal student loan system in decades.The new federal student aid system is the first in a series of initiatives that aim to help millions of students graduate from high school and get their degrees, said Karen […]
Continue Reading...Student loans and the ’emergency loan’ rule: How to save money
The “emergency” loan rule requires lenders to make sure students can repay their loans within 30 days of being declared bankrupt. That’s what happened to Johnathan Wahlgren, a 22-year-old student at the University of Illinois at Chicago who owed $6,000 for medical bills after losing his job at an automotive parts supplier in 2011.The loan defaulted […]
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