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  2. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The government combats this large outstanding balance with student loan forgiveness which come in several forms, the two most popular being Public Service Loan Forgiveness and Teacher Loan Forgiveness. Looking at Public Service Loan Forgiveness, there are 890,516 borrowers and 41,221 submitted applications, only 423 of these applications were ...

  3. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [41] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...

  4. FedLoan is no longer handling federal student loans: Here’s ...

    www.aol.com/finance/fedloan-no-longer-handling...

    FedLoan Servicing, one of the nation’s largest federal student loan servicers, ended its contract with the Department of Education in 2021. As a result, millions of student loan borrowers were ...

  5. Federal Student Aid - Wikipedia

    en.wikipedia.org/wiki/Federal_Student_Aid

    FSA is a Performance-Based Organization, and was the first PBO to be established in the US government. [1] Federal Student Aid is also responsible for the development, distribution, and processing of the Free Application for Federal Student Aid (FAFSA), the fundamental qualifying form used for all federal student aid distribution programs, as ...

  6. How to determine whether you have federal student loans - AOL

    www.aol.com/finance/determine-whether-federal...

    Federal student loans are distributed by the federal government and assigned to a lender through the Department of Education. When you complete your FAFSA, you’re also applying for need-based ...

  7. Biden administration canceling student loans for another ...

    www.aol.com/news/biden-administration-canceling...

    The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans. With the latest action, the administration said it has ...

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