studentloan
ValueWalk
The student loan sector has predominantly been off-limits to many financial institutions, despite being a multi-billion-dollar industry. In fact, most borrowers could only tap into a few lenders when looking for educational funding, even though 30-40% of undergraduates need a student loan product each year. But the marketplace is now shifting as innovators are making it possible for non-banks and even fintech players to get into student lending and even student loan refi’s, driving greater access for all sorts of financing organizations to offer and facilitate these types of loans. Q1 2022 hed...
ValueWalk
On Friday, the Biden Administration said it has decided to extend its pause on federal student loan payments, along with interest, through January 31, 2022. The administration added that this would be the final extension. Both loan payments and interest have all been on hold since the pandemic started. The payments were set to come back in October this year prior to the announcement by the U.S. Department of Education. “The payment pause has been a lifeline that allowed millions of Americans to focus on their families, health, and finances instead of student loans during the national emergency...
uPolitics.com
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