There are about 3.1 million federal student loan borrowers aged 62 or older. Many of these borrowers, who are in retirement, have trouble making payments on a fixed income.

The Education Department announced new limitations on student loan forgiveness this week, potentially delaying the discharges ...

・Forbearance lets you pause student loan payments temporarily but interest continues to accrue during that time. ・It should only be used for short-term hardship, since repeated or extended forbearance ...