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In the news. As of July 19, 2024, all student loan payments under the SAVE Plan has been put on hold due to an ongoing appeals process as Republican-led states challenge the plan’s legality.
International Education Corporation aimed to maximize enrollment and profits by manipulating test outcomes to benefit from the federal student aid program, according to an investigation.
Two of Biden's key debt-relief initiatives are tied up in court: his SAVE income-driven repayment plan, intended to make student-loan payments cheaper for borrowers, and his broader loan ...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
The SAVE plan "was Team Biden's creative response to an earlier Supreme Court decision rejecting its use of the COVID-19 emergency to broadly forgive student loan debt," noted Jaret Seiberg, an ...
The federal government offers four income-driven repayment options: Loan terms range from 20 to 25 years, with borrowers generally owing 10% to 20% of their discretionary income. After this period ...
President Joe Biden speaks about student loan debt at Madison College, April 8, 2024, in Madison, Wis. Nearly 20 million people who owe student loans are not making payments, according to the ...
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