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The Biden administration recently announced that it has cancelled $7 billion in federal student loan debt for about 350,000 borrowers with disabilities through a data-sharing initiative between the...
On November 10, 2022, Pittman ruled that the Biden administration did not have the authority to forgive student loan debt through executive action through the HEROES Act. [ 15 ] [ 16 ] In December 2022, Pittman ruled that Texas's law banning people from 18 to 20 years of age from carrying concealed handguns was unconstitutional in light of New ...
The past few weeks have been a rollercoaster of ups and downs for the 45 million Americans awaiting word on the Biden administration's student loan relief program. See: How Rich Is Former President...
The U.S. Department of Education announced that it will automatically forgive federal student loans for at least 323,000 borrowers who have total and permanent disabilities. An estimated $5.8 ...
Student loans may be discharged through bankruptcy, but this is difficult. [2] Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3]
The Rehabilitation Services Administration (RSA) is a federal agency under the United States Department of Education, Office of Special Education and Rehabilitative Services, [5] and is headquartered within the Department of Education in Washington, D.C. [3] [6] It was established to administer portions of the Rehabilitation Act of 1973. [2]
Each year Federal Student Aid's staff processes approximately 22 million FAFSAs. Additionally, Federal Student Aid is responsible for enforcing the financial aid rules and regulations required by the Higher Education Act of 1965 and the U.S. Department of Education and managing the outstanding federal student loan portfolio.
Federal student loan borrowers should be ready to apply for forgiveness no later than Nov. 15, Mark Kantrowitz, a higher education expert, told CNBC. It will take roughly six weeks for your ...