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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 ...
Those who stay current on their payments have all the remaining debt canceled after 10 years if they're in the Public Service Loan Forgiveness program; otherwise, those in income-based plans would ...
The Education Department recommends that you apply for student debt forgiveness before mid-November if you want it applied to your account before federal student loan payments resume in January 2023.
Who qualifies for $20,000 in student loan debt forgiveness? Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to ...
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The one-time adjustment will credit borrowers with Direct Loans or FFEL loans for partial or late payments; payments regardless of loan type or repayment plan; any months when loans were in an ...
Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan cancellation or credit toward cancellation. The Education Department ...
The U.S. Education Department updated the student loan forgiveness process for some borrowers who work in public service, including teachers, police officers and social workers. This change, which ...