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  2. Student loan forgiveness: AOC offers tip for parent borrowers

    www.aol.com/finance/student-loan-forgiveness-aoc...

    The federal forbearance pandemic pause — enacted in 2020 and expiring December 31, 2022 — gave many borrowers, especially parents still paying off their own student loans along with ParentPlus ...

  3. I’m a Parent With Student Loans for My Kid - AOL

    www.aol.com/m-parent-student-loans-kid-230030377...

    How To Deal With Student Loans As a Financially Struggling Parent. Refinance by taking out a new loan with more favorable terms, or, if your parent loan allows repayment before interest kicks in ...

  4. My Parents Can’t Help With My Student Loans Because ... - AOL

    www.aol.com/parents-t-help-student-loans...

    Student loans are a huge news story in the United States -- and for good reason. Americans currently hold a staggering $1.77 trillion in federal and private student loan debt. This burden is not...

  5. 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]

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [64] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.

  7. Higher education financing issues in the United States

    en.wikipedia.org/wiki/Higher_education_financing...

    Student loans totaled more than $1.3 trillion, averaging $25,000 each for 40 million debtors. The debtors average age was 33. Forty percent of the debt was owed by people 40 or older. [37] In a 2017 report by the National Center for Education Statistics, the researchers found that 27% of all student loans resulted in default within 12 years. [33]

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