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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...
In October 2017, Great Lakes Higher Education Corporation reached an agreement to sell off 100% of the stock of its subsidiary, the Great Lakes Educational Loan Services, Inc. to Nelnet. [8] The company was to be sold for $150 million, initially keeping CEO Jeff Crosby in charge, but with a plan of consolidating the companies together. [9]
There are a number of student loan forgiveness programs out there for people who work in public service, education, health care and other fields. If you’re struggling with debt, we’ve done the ...
In August, the Biden administration announced $10,000 in student loan forgiveness along with an additional $10,000 in forgiveness for Pell Grant recipients. Single borrowers who make less than ...
Who qualifies for $20,000 in student loan debt forgiveness? Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to ...
Here’s how to apply, and everything else you need to know:
The Education Department recommends that you apply for student debt forgiveness before mid-November if you want it applied to your account before federal student loan payments resume in January 2023.
The online form asks borrowers to provide their name, Social Security number, date of birth, phone number, and email. Borrowers won't need to upload any documents or log in with a Federal Student ...