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The U.S. Education Department said Wednesday it will reopen two major student loan repayment programs to new enrollments while President Joe Biden's signature plan is on hold amid court challenges.
In an updated guidance in October 2022, the Department “maintained that borrowers who cross the 20 or 25-year threshold following the account adjustment would start receiving student loan ...
While the Education Department (ED) recently extended the moratorium on federal student loan payments to January 2022, one lawmaker says the move doesn't go far enough.
President Obama's 2015 budget proposed substantial changes to the Pay as You Earn program. In addition to extending the program to all borrowers, regardless of when their first loans were disbursed, it proposed certain limits to PAYE that are designed to "protect against institutional practices that may further increase student indebtedness, while ensuring the program provides sufficient ...
The Biden administration's flagship student loan relief plan has 8 million participants. ... Because SAVE also promises to lower monthly loan payments — to as low as $0 for some low-income ...
Student loan payments have been paused since the start of the pandemic in 2020 but that might end by September. Will you get another extension on student loan payments? What borrowers need to know
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