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Home buyers may face surprise credit hit from student loans

  • Bilt Rewards announced programs to reward students with points for loan payments, aiming to ease financial burdens on college students.
  • As of April 21, 42.7 million borrowers owe over $1.6 trillion in student debt, according to the Department of Education.
  • On April 21, the Department of Education resumed collections on defaulted federal student loans, marking a departure from previous policies under President Joe Biden.
  • Secretary of Education Linda McMahon stated, "American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies.
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Home buyers may face surprise credit hit from student loans

Spring and summer are traditionally hot months for homebuying, but some would-be buyers with student loan debt could encounter unexpected trouble. Related Articles The world’s biggest companies have caused $28 trillion in climate damage, a new study estimates EVs, tariffs in the spotlight as Chinese automakers take leading role at Shanghai auto show Ex-OpenAI workers ask California and Delaware AGs…

·Saint Paul, United States
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frontpageindex.com broke the news in on Tuesday, April 22, 2025.
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