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.
28 Articles
28 Articles

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…
Trump administration to resume collecting student loans after Biden pause: what to know
WASHINGTON — The Trump administration warned Tuesday that borrowers who haven’t had to pay down their college student loans during the past few years will be expected to start repayments on May 5 — or soon have to answer to…
Loyalty program Bilt to offer points on student loan, housing payments: ‘More mature credit profile’
Bilt Rewards, a loyalty program that offers perks on rent payments and mortgages, is turning its attention to one of the nation’s largest debt problems – student loans. The New York-based startup, which operates as a payment processor, on Wednesday announced programs that will reward students with points for their loan and campus housing payments.
What to know as the government begins collections on defaulted student debt
The Department of Education says it will resume collections on May 5 and send wage garnishment notices "later this summer." Here's how to know — and what to do — if you'll be affected.
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