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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.
According to court filings, the plan would make “substantial” changes to the student loan repayment system. The average borrower with $10,000 in debt would pay close to $4,800 less back to the ...
Two of Biden's key debt-relief initiatives are tied up in court: his SAVE income-driven repayment plan, intended to make student-loan payments cheaper for borrowers, and his broader loan ...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
International Education Corporation aimed to maximize enrollment and profits by manipulating test outcomes to benefit from the federal student aid program, according to an investigation.
Aside from federal options, there are only two Florida-specific loan repayment programs that can lead to forgiveness, which are aimed at specific occupations — attorneys and nurses. The federal ...
The SAVE plan "was Team Biden's creative response to an earlier Supreme Court decision rejecting its use of the COVID-19 emergency to broadly forgive student loan debt," noted Jaret Seiberg, an ...
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