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The article reports on the lawsuits filed by several states including Missouri challenging the U.S. President Joe Biden's SAVE repayment program, which would provide student debt relief. Issues discussed include unlawfulness of SAVE, difference of the SAVE plan from other repayment programs, the argument that the Education Department overstepped its authority by turning to the major questions doctrine, and inability of borrowers enrolled in SAVE to enroll in other repayment plans.

The article reports that the U.S. legislation known as Secure 2.0, which included a package of retirement-related provisions intended to boost savings, would make it easier for people with education loans to save for retirement while paying what they owe. Topics covered include the companies which introduced the benefit to employees, how the benefit can help employers and how the plight of student debt borrowers has become a national focus.

The article highlights U.S. President, Joe Biden's move to cancel student debt for 78,000 borrowers, predominantly public sector workers, contributing to a total cancellation of nearly four million borrowers, focusing on fixing the Public Service Loan Forgiveness program.

The article explains the potential consequences if one falls behind on student loan payments. It discusses the impact of skipping payments on credit scores. Categories used by credit reporting companies to generate credit scores include payment history, amounts that borrowers pay down on installment loans, and accrued interest on missed payments. Guidance is also offered to borrowers for finding credit reports and scores.

The article discusses how students can take advantage of U.S. President Joe Biden's loan repayment program, known as SAVE, which opened for enrollment in August 2023. Topics covered include exclusion and eligibility for the new repayment plan, how the SAVE plan works and the changes for borrowers with small loan balances. It also cites what would happen to borrowers who were in default before payments were paused and delinquent borrowers under the program.

The article focuses on the Biden administration's announcement that, starting in February, Federal student loan borrowers enrolled in the SAVE income-driven repayment plan, who initially borrowed 12,000 U.S. dollar or less for college and have made at least 10 years of qualifying monthly payments.

The article presents cases of student loan borrowers who will continue to struggle under he weight of their loans following a ruling by the U.S. Supreme Courtto to dismiss the federal student loan debt forgiveness plan of U.S. President Joe Biden. It describes the circumstances of borrowers including Gina McDavitt, Dorien Rogers and Asha Anthony. The advantage of the Federal PLUS loans for parents is discussed.

The article reports on the miscalculations of student loan payments made by the Missouri Higher Education Loan Authority that affected about 420,000 student loan borrowers who are being transferred into the SAVE income-driven repayment plan of the administration of U.S. President Joe Biden.

The article focuses on the resumption of student loan payments and provides information about the Biden administration's measures to ease the transition, including a yearlong "on-ramp" for missed payments, the introduction of the more affordable income-driven repayment plan called SAVE.

The article offers information on several financial terms including compound interest, student loan deferement, and Roth individual retirement account (IRA). It suggest contributing money that has already been taxed as part of your paycheck in IRA. It states that student loan deferement is a period when loan payments are temporarily suspended or reduced. It further states that compound interest makes saving early and powerful.

The article reports on economic relief package passed by the U.S. Congress that will provide a round of stimulus payments to most Americans and partly restore the enhanced federal unemployment benefit. Topics discussed include amount that individual adults with adjusted gross income on their 2019 tax returns would receive, expected date for the first payments, according to Treasury Secretary Steven Mnuchin, and information on unemployment insurance.

The article discusses problems with income-driven repayment plans for student loans in the U.S. Topics discussed include an increase in enrollment in income-driven plans, problems with the payment calculation, suggestions from borrower advocates on how to address these problems and proposals from several Democratic presidential candidates on student debt.

The article discusses that the Pennsylvania Higher Education Assistance Agency - which oversees the loans of 8.5 million student borrowers said that it would not renew its contract with the federal government when it ends this year.

The article reports that many parents in the U.S. as of July 2018 are borrowing more to finance the education of their children due to rising tuition and the students already borrowed much from the federal loan program. Also cited are the average debt load of students pursuing bachelor's degrees at graduation, the average debt load of parents under the PLUS federal parental loans, and the comment of SavingForCollege.com's Mark Kantrowitz on the developments.

The article reports on the Department of Education plans for providing students with prepaid card which would hold surplus loan money which is not required in relation to tuition, thereby allowing government and financial services providers insight into how students arespending the money. The Office of Federal Student expects to introduce pilot program as early as late spring.