student loans

As rates fall, should you refinance your student loans?

Consider refinancing private student loans if you can get a rate at least half a percentage point lower. If you have federal loans, think twice.





student loans

The new Biden plan that could still erase your student loans

This summer, the Supreme Court struck down Biden's plan to forgive student loan debt for millions of borrowers. Except, on the same day Biden first announced that plan, he also unveiled another, the SAVE plan. And though SAVE sounded less significant than Biden's big forgiveness pledge, it's still alive and could erase even more student debt.

SAVE is officially a loan repayment plan. But through a few seemingly minor yet powerful provisions, many more low-income borrowers will end up paying little or nothing until, eventually, their loans will be forgiven. Even many higher-income borrowers will see some of their debts erased.

In this episode, we explain the history of income-driven repayment. And how borrowers could end up paying less than they might expect once payments resume in October. You can read more from NPR's Cory Turner's here.

This episode was hosted by Cory Turner and Kenny Malone. It was produced by Emma Peaslee, and edited by Molly Messick. It was fact-checked by Sierra Juarez, and engineered by Robert Rodriguez. Alex Goldmark is Planet Money's executive producer.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+
in Apple Podcasts or at plus.npr.org/planetmoney.

Always free at these links:
Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.

Find more Planet Money:
Facebook / Instagram / TikTok / Our weekly Newsletter.

Music: Universal Production Music - "Nola Strut," "Funky Ride," and "The Down Low Disco King"


Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




student loans

Debt Collective Cancels $10M of Morehouse College Student Loans

Black students are disproportionately impacted by student loans, but this debtors' union is taking steps to repair that disparity.






student loans

Everything you need to know about student loans

What can I borrow and when do I have to start paying back my loans?




student loans

Parent or Student Loans: Which is the Best Option?

Getting a university education is an expensive proposition. In fact, about 20 per cent of college students will need some form of financial help in order to pay for the expenses they will incur in school.




student loans

Student Loans Scams May End Via Free Debt Settlement Technology That Helps Protect Consumers Against Deceptive Debt Recovery Practices

New Online Student Debt Negotiation Tool Could Ease Distressing CFPB Findings and Help Safeguard Consumers Against Fraudulent Debt Settlement Activities




student loans

Justice Department Reaches $60 Million Settlement with Sallie Mae to Resolve Allegations of Charging Military Servicemembers Excessive Rates on Student Loans

The Department of Justice today announced the federal government’s first lawsuit filed against owners and servicers of student loans for violating the rights of servicemembers eligible for benefits and protections under the Servicemembers Civil Relief Act (SCRA).



  • OPA Press Releases


student loans

Student loans, indebtedness, and financial literacy in the United States

Annamaria Lusardi is the Denit Trust Chair of Economics and Accountancy at the George Washington University School of Business. Following the release of new data focused on Americans’ financial capability, she draws attention to some of the findings in the study, focusing on three areas of great importance to the personal finances of Americans: student loans, indebtedness, and financial literacy.




student loans

Part-time and post-graduate students get a boost from the Chancellor as he extends student loans and help with living costs

Part-time students have been handed some good news in today's Autumn Statement with access to maintenance loans to help with living costs during their studies from 2017/18.