Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
Pandemic Spending Slowdown Eased Financial Stress: Survey
By Ginger SzalaJohn Hancock's latest survey on stress and finances found the pandemic actually led to some good short-term behavior.
October 07, 2021
Education Department Overhauls Student Loan Forgiveness ProgramThe overhaul will provide about 49,000 student loan borrowers $4.5 billion in loan forgiveness, most of it previously denied.
September 10, 2021
The Dangers of Co-signing a Grandchild's Student LoanThough they have good intentions, clients who want to help their family this way need to understand the risks.
August 20, 2021
Education Dept. to Forgive $5.8B in Student Loans to Disabled BorrowersThe program will erase debt owed by 323,000 borrowers with permanent disabilities.
August 09, 2021
Biden Extends Federal Student Loan Payment PauseThe hold on federal student loan repayments, interest and collections has been extended until Jan. 31, 2022.
July 15, 2021
Private Student Loans Can Be Discharged in Bankruptcy, 2nd Circuit RulesA unanimous panel of the court held that the loans did not qualify as the type of "educational benefit" that can be exempted from discharge.
June 18, 2021
Advisors Embrace Financial Education for Students: SurveyTwo-thirds of advisors said they expect financial education to be part of their future business model, new research from MoneyGuide has found.
May 21, 2021
Why Direct-Sold 529s Are Better Than Advisor-Sold Plans: MorningstarAdvisor-sold 529 plans can include 12b-1 fees. Morningstar isn't a fan.