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  2. Federal Direct Student Loan Program - Wikipedia

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

    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 reduce costs for students. The Federal Direct Loan Program has accumulated a very large outstanding loan portfolio of about $1.5 trillion and this number will continue to rise along with the ...

  3. Student loans in the United States - Wikipedia

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

    The US first major government loan program was the Student Loan Marketing Association (Sallie Mae), formed in 1973. [19] [clarification needed] Before 2010, federal loans included: loans originated and funded directly by the Department of Education (ED) government guaranteed loans originated and funded by private investors.

  4. Hundreds of colleges close each year. Do their students still ...

    www.aol.com/hundreds-colleges-close-students...

    Beyond the closed school discharge, the department offers another potential route to loan forgiveness for students who feel like their school misled them about its education program before it ...

  5. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.

  6. Student Loan Forgiveness: Who Will Be Hurt the Most if ... - AOL

    www.aol.com/student-loan-forgiveness-hurt-most...

    The Supreme Court will make a ruling about President Joe Biden's student loan forgiveness program in February, and millions of borrowers are awaiting the outcome. ... Black college graduates owe ...

  7. How to use your 529 plan to pay off student loans - AOL

    www.aol.com/finance/529-plan-pay-off-student...

    The act also permits a 529 to pay up to $10,000 in student loans for each of a beneficiary’s siblings. So the act massively expanded the 529’s ability to pay down college costs even after the ...

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