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Last October, the Biden administration announced executive actions that would bring most loans managed by the Education Department "closer to forgiveness," the Department of Education said. These ...
The Project on Predatory Student Lending (PPSL) recently discovered that the servicer now offers borrowers the chance to apply for loan discharges. However, Navient never publicized the process ...
The second plan would have created a new application offering debt relief to borrowers experiencing different types of economic hardship, including medical debt, losses due to natural disasters ...
For example, on Tuesday, the Education Department announced changes that will result in immediate debt cancellation for at least 40,000 federal student loan borrowers and move an additional 3.6 ...
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.
The Public Service Loan Forgiveness program was created in 2007, promising college graduates that the remainder of their federal student loans would be zeroed out after 10 years working in ...
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