Gallery
Picture 1
Student finance loan mid-cap stocks in the student finance
New with box
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
Mid-cap stocks in the student finance loan category experienced positive breakout patterns on technical charts this week, hinting at a possible short-term rally ahead of earnings announcements. Keep reading Forbes Advisor for the chance to see the answer to your question in one of our upcoming stories. Our editors also may be in touch with follow-up questions. Last month, the American Federation of Teachers amended its existing lawsuit that it had filed earlier this year over delays and backlogs associated with income-driven repayment plans, or IDR. IDR plans offer borrowers affordable monthly payments tied to their income, with the possibility of student loan forgiveness after 20 or 25 years in repayment. Enrolling in IDR plans is usually also necessary for borrowers pursuing Public Service Loan Forgiveness, or PSLF. PSLF offers debt relief in as little as 10 years for borrowers who work full-time in qualifying nonprofit or government jobs. Technical analysis suggests student finance loan stocks are approaching an overbought RSI level of 68, raising short-term caution but sustaining medium-term bullish outlooks.