The Summer Newsroom

On August 8, President Trump issued a memorandum extending the payment freeze and interest waiver from the CARES Act until December 31, 2020 for federally-held student loans. Many of our borrowers have reached out with questions about how this affects...

On August 8, President Trump issued a memorandum extending the payment freeze and interest waiver from the CARES Act until December 31, 2020. This will apply for borrowers with federal Direct loans and federally-held FFEL and Perkins loans.  While we await further...

In the second part of our Black & In Debt series, we spoke with Kelly, a Black borrower who took out student loans for her MBA program.   How would you describe your relationship with student debt? In a word:...

"How do I get out of default?" is one of the most frequent questions we get from borrowers. Being in this situation can be overwhelming, but you have options. A federal student loan is considered to be in default if...

The police brutality and corresponding protests of the past months have brought long standing issues of inequality and systemic racism to the collective forefront. Centuries of discriminatory practices and racist policies have led to starkly different realities for Black Americans....

Congratulations on graduating—you did it! While this may not be an ordinary time to be starting your next chapter, making sure you stay on top of your student loans should remain a priority. Managing your student debt now can give...

In our Meet the Team series, we will be introducing members of the Summer team! First up, meet Geena, a software engineer who’s been with Summer since 2019.   Tell us about what you do at Summer.  I’m a software...