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Even though borrowers have until Dec. 31, 2023, to apply for student loan forgiveness, many are not waiting to start the application process. By applying now, borrowers who received Federal Pell...
Their guide suggests starting by writing the servicer a letter requesting info about how to apply. Another $7.7 billion in federal student loans was forgiven for qualifying borrowers
Find out more about the IDR plan request here. Is there a deadline for applications? The application period for student loan forgiveness will close on 31 December 2023. How to avoid student loan scams
In October 2021, the Biden administration used the HEROES Act to reform a student debt forgiveness program for public workers. [15] In August 2022, the administration used the Act again to announce student debt cancellation of up to $20,000 and several other reforms.
MOHELA was accused of being involved in six state attorneys' general lawsuit against the loan forgiveness program, which MOHELA executives denied. [1] The Supreme Court ultimately decided that it could sue on behalf of MOHELA in Biden v. Nebraska, citing Arkansas v. Texas (1953) and Lebron v. National Railroad Passenger Corp. (1995) [19]
Here’s how to write a letter to Congress, including a sample letter to Congress from student loan borrowers that you can follow to make your voice heard. How to write a letter to Congress Never ...
The U.S. Supreme Court might have struck down President Joe Biden’s federal student loan forgiveness program, but it’s pretty clear Biden himself has no plans to give up on debt relief.