Lauren Nowacki

1 week ago | bankrate.com | Lauren Nowacki |Jennifer Lee

This is part 1 of 2 of Bankrate’s ’90s era lessons miniseries. Stay tuned later this month for another round of personal finance lessons elevated by Bankrate experts. Some personal finance issues are timeless, but smart money habits can also make them avoidable. You can learn personal finance lessons from TV, but even more from experts in the industry. Today’s technology makes it even easier to follow simple finance rules to succeed with your money.

3 weeks ago | bankrate.com | Lauren Nowacki |Pippin Wilbers

There are more than 3 million federal student loan borrowers aged 60 and older. The government can garnish Social Security benefits and tax refunds to recoup defaulted-on student loan debt. Older student loan borrowers have options including switching repayment plans, consolidating loans or applying for loan forgiveness. At the age of 65, Lori Stone made her final student loan payment. After paying her student loan debt for 21 years, her loan balance was forgiven.

3 weeks ago | bankrate.com | Lauren Nowacki |Pippin Wilbers

There are more than 3 million federal student loan borrowers aged 60 and older. The government can garnish Social Security benefits and tax refunds to recoup defaulted-on student loan debt. Older student loan borrowers have options including switching repayment plans, consolidating loans or applying for loan forgiveness. At the age of 65, Lori Stone made her final student loan payment. After paying her student loan debt for 21 years, her loan balance was forgiven.

1 month ago | bankrate.com | Lauren Nowacki |Pippin Wilbers

On March 3, the Senate voted to confirm Linda McMahon as the 13th Secretary of Education, a position that oversees federal student aid programs. The same day, the new secretary set out on what she called a “historic final mission,” inviting all department employees to “perform one final, unforgettable public service to future generations of students,” according to an email posted on the department’s website.

1 month ago | bankrate.com | Lauren Nowacki |Pippin Wilbers

The 8th Court of Appeals affirmed a lower court’s assertion that the SAVE plan, the most affordable federal student loan repayment plan, is unconstitutional. It also blocked forgiveness under the SAVE, ICR and PAYE plans. The U.S. Department of Education has removed applications for all income-driven repayment plans from its site.