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In October, student loan repayments resumed after years of being paused in wake of the pandemic. Consequently, for millions of Americans, the pressure to pay down their student loan debt is back ...
Learner analyzed news reports and economic research to see how the White House's student debt relief programs are affecting borrowers.
On October 6, the Department of Education announced changes to the Public Service Loan Forgiveness Program (PSLF) that will now make new loans eligible for forgiveness that were previously ...
Providing $5,250 a year in student loan relief – or about $437 a month – would be welcome news to borrowers struggling to pay down their debt. About 48 million borrowers have student loan debt.
Total student loan debt, currently $1.76 trillion, continues to climb as a number of borrowers do not have access to debt relief, according to the Education Data Initiative. Notably, 47.9 million ...
Most federal loans are eligible, including undergraduate and graduate direct loans, parent PLUS and grad PLUS loans, consolidation loans, federal family education loan (FFEL) program loans held by ...
Under the Biden Administration’s new debt forgiveness plan, eligible borrowers’ relief is capped at the amount of outstanding debt they owe. You Can Get a Refund for Student Loans Payments ...
More than $5.2 billion in new debt relief will go to 53,000 borrowers under Public Service Loan Forgiveness programs, which cover people who worked in public service for a decade or more and made ...
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related to: how to recover from burnout student loan relief program