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Student loan borrowers can now apply for what the Biden administration called "the most affordable repayment plan in history."The Education Department this week released an updated beta version of ...
The official application for the Department of Education's more affordable income-driven repayment plan for federal student loans opened Tuesday at StudentAid.gov.. The launch of the application ...
President Joe Biden began working on his revised student loan relief plan after the Supreme Court blocked its first program in June 2023. The updated policy targets several groups of borrowers for ...
The first pathway would allow the department to automatically cancel a borrower's student loans if it determines, based on existing borrower data, that the borrower has at least an 80% chance of ...
Even with Biden's original plan for sweeping student loan forgiveness debt relief quashed by the Supreme Court, there is still hope for the 43.5 million Americans still owing an average of $37,787 ...
Plus, a sudden change to the highly-anticipated loan forgiveness program excludes some previously-eligible borrowers. Applications for Biden’s student debt relief aren’t open yet. What ...
Also originally announced in April 2022, the Fresh Start program allows borrowers who defaulted on their federal student loans prior to the payment pause to get them back into good standing.
President Joe Biden is determined to provide debt forgiveness to federal student loan borrowers, despite more than a year of having his plans challenged and shot down in the courts. The...