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New to PSLF? Check out our “4 Beginner Tips for Public Service Loan Forgiveness Success.” If you’re interested in PSLF, use the PSLF Help Tool to apply. 3 School-Related Discharge Options. Borrower defense to repayment is a way of discharging (removing your obligation to repay) federal Direct Loans. Borrowers can receive borrower defense ...
The Biden-Harris Administration announced the approval of about $4.5 billion in additional student loan relief for over 60,000 borrowers who work in public service. Total loan forgiveness approved by Administration is now over $175B for 4.8M Americans.
The Biden-Harris Administration today is announcing that it will automatically discharge $1.2 billion in loans for nearly 153,000 borrowers who are eligible for the shortened time to forgiveness benefit under President Biden’s Saving on a Valuable Education (SAVE) Plan.
In certain cases, you can have your federal student loan forgiven, canceled, or discharged. Find out whether you qualify due to your job or other circumstances.
Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $167 billion for 4.75 million Americans. Thanks to this Administration’s efforts more than one out of every 10 federal student loan borrowers has now been approved for some debt relief.
Another round of forgiveness was announced Thursday, bringing the total amount of student loan cancellation to more than $175 billion for nearly 5 million people since President Joe Biden...
Learn about options for student loan forgiveness and cancellation, including eligibility requirements and application process.