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  2. Federal Family Education Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Family_Education...

    The Federal Family Education Loan (FFEL) Program was a system of private student loans which were subsidized and guaranteed by the United States federal government. The program issued loans from 1965 until it was ended in 2010. Similar loans are now provided under the Federal Direct Student Loan Program, which are federal loans issued directly ...

  3. Student Loan Forgiveness: Find Out If You Qualify & How ... - AOL

    www.aol.com/finance/student-loan-forgiveness...

    Federal family education loan (FFEL) program loans held by ED, Perkins loans held by ED, and defaulted loans, according to studentaid.gov. Further, the White House announced an extension of the ...

  4. Student Loan Forgiveness: Are FFEL Loans Eligible? - AOL

    www.aol.com/finance/student-loan-forgiveness...

    The Department of Education explains that the FFEL program was a program that worked with private lenders to provide education loans guaranteed by the federal government and ended in 2010.

  5. Student Loan Forgiveness FAQs: Everything You Need to Know - AOL

    www.aol.com/finance/student-loan-forgiveness...

    Health Education Assistance Loan (HEAL) loans not in default. Some FFEL Program and HEAL loans were guaranteed by the government but owned by private companies. It’s estimated that about 5 ...

  6. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The program replaced the earlier Federal Family Education Loan (FFEL) program which issued "guaranteed loans" — loans originated and funded by private lenders but guaranteed by the government. The FFEL program was eliminated because of a perception that it benefited private student loan companies at the expense of taxpayers, but did not help ...

  7. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Some borrowers still have loans issued under the Federal Family Education Loan Program which closed in 2010. The Biden forgiveness plan originally allowed these borrowers to receive forgiveness by consolidating into Direct Loans, but due to potential lawsuits stopped allowing this on September 29, 2022, potentially excluding 800,000 FFEL borrowers.

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