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The temporary adjustment allows eligible loan borrowers to use past periods of repayment (and even some periods of deferment and forbearance) toward their 20-year and 25-year IDR loan forgiveness ...
In the news. Another sweeping student debt relief measure was announced for 160,500 borrowers on May 21, 2024. Thanks to fixes made to existing federal programs, certain individuals enrolled in ...
For federal student loan borrowers who have qualifying total and permanent disabilities, the U.S. Department of Education is providing $5.8 billion in automatic loan forgiveness, according to an ...
The federal student loan relief plan announced on Aug. 24, 2022, by the Biden administration won't just apply to former students with college loan debt -- if it is enacted at all. Loan forgiveness ...
Relief under Biden's federal student loan forgiveness plan will depend on when the debt was taken, so some students and parents could benefit now. Student loan forgiveness: How those in college ...
Borrowers have until Oct. 31 to apply for the Public Service Loan Forgiveness plan, which wipes out loan debt for people who make timely payments for 120 months while working full time for the ...
In April 2023, President Biden announced a “Fresh Start” program for student loan borrowers, placing $34 billion worth of delinquent or defaulted student loan accounts into “current ...
In February, Education Department stated that borrowers with 240 or 300 months of payments or 120 months toward Public Service Loan Forgiveness (PSLF) would see their loans forgiven in spring 2023 ...
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