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  2. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

  3. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/wiki/Public_Service_Loan...

    The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [ 1]

  4. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size. The phrase is an umbrella term for four specific repayment plans that are available within the ...

  5. FedLoan is no longer handling federal student loans: Here’s ...

    www.aol.com/finance/fedloan-no-longer-handling...

    FedLoan Servicing, one of the nation’s largest federal student loan servicers, ended its contract with the Department of Education in 2021. As a result, millions of student loan borrowers were ...

  6. Student loan payments to restart; here's how to get help - AOL

    www.aol.com/finance/student-loan-payments...

    For 42.9 million student loan borrowers , it’s been 18 months without a payment. The interest-free federal student loan payment pause, known as a forbearance, was extended three times after it ...

  7. New Student Loan Problems: Prepare for Lost Payments ... - AOL

    www.aol.com/finance/student-loan-problems...

    This could result in surprise late fees. In 2015, the Consumer Financial Protection Bureau found that changes in loan ownership results in lost payments, paperwork processing issues, missing ...

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