If your federal student loan hasn't yet entered repayment, you won't be eligible to enroll in a repayment plan yet. Repayment starts six months after graduation or if your enrollment drops below half-time, unless you enroll in another program, like graduate school, before the grace period ends.

Managing student loans requires a thorough understanding of the obligations and rights associated with borrowing. For federal student loans, the Master Promissory Note (MPN) serve

KEY TAKEAWAYS Before being elected, President Joe Biden promised broad student loan forgiveness and more generous repayment plans. However, he only accomplished some of his proposals.The Supreme Court blocked Biden's initial student loan forgiveness plan,

One of President Joe Biden’s signature promises was to ease the student-loan burden on millions of Americans. He’ll leave office with the debt pile slightly bigger than when he arrived.