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  2. Student Loans: 3 Forgiveness Programs Are Going Away ... - AOL

    www.aol.com/student-loans-3-forgiveness-programs...

    Because it takes at least 60 days to process a Direct Consolidation Loan application and to disburse the new loan, per the Federal Student Aid site, you’ll want to submit an application sooner ...

  3. Student financial aid in the United States - Wikipedia

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

    Consolidation loans combine two or more student and/or parent loans into one loan. They are an option for those who find themselves struggling with multiple student loan payments. Consolidation loans are available for most federal loan types, and some private lenders offer private consolidation loans for private education loans. [10]

  4. American Student Assistance - Wikipedia

    en.wikipedia.org/wiki/American_Student_Assistance

    American Student Assistance was founded in 1956 under the name Massachusetts Higher Education Assistance Corporation (MHEAC).The organization began when a group of people approached Massachusetts local businesses for philanthropic donations with the idea of creating a pool of money to guarantee loans for higher education. [1]

  5. Two new student debt relief programs from Biden barrel ... - AOL

    www.aol.com/two-student-debt-relief-programs...

    The two programs include a second attempt at providing sweeping student loan forgiveness for millions of borrowers under the Higher Education Act, known colloquially as "Plan B," which comes after ...

  6. 10 Best Colleges To Graduate With No Student Loans

    www.aol.com/finance/10-best-colleges-graduate-no...

    Students who plan to attend college may feel nervous reading the recent wave of news stories about the end of the student loan payment pause. Are there any colleges you can enroll in which don't...

  7. 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.

  8. Federal Direct Student Loan Program - Wikipedia

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

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  9. Student loans: New loan servicers may complicate payment ...

    www.aol.com/finance/student-loans-loan-servicers...

    The current loan service providers for the Federal Student Aid (FSA) program are: Great Lakes Educational Loan Services, Edfinancial, MOHELA, Aidvantage, Nelnet, OSLA Servicing, ECSI, and the ...

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