Student Rights
Maryland Student Loan Debt Relief Tax Credit
More than a quarter million student loan borrowers have paused their loan repayment plans while economic hardship forebearances have more than doubled. Interest rates have resumed, as have debt collections. If you're struggling with loan repayments, there is help available. Maryland has a Student Loan Debt Relief Tax Credit which provides some relief for Maryland student borrowers. To be eligible for the credit, a borrower must: Be a Maryland taxpayer. Have incurred at least $20,000 in undergraduate and/or graduate student loan debt. Owe at least $5,000 in outstanding student loan debt at the time of applying for the tax credit. ...
Student Loan Collections Are Back
The Trump Administration has recently made a number of changes that affect new student loan borrowers as well as professionals who are still repaying undergraduate and graduate school loans. What do these changes mean for student borrowers and where can borrowers go for assistance? Like many things in the Trump Administration, some of these orders and agency changes may be halted or temporarily stayed by courts, but we wanted to share information with you that will help as you navigate this new environment for student loan borrowers. Collection of Delinquent Loans Student loan collections have been on pause since the ...