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The federal student loan repayment pause is ending in October 2023. For borrowers whose loans were previously in default, the Fresh Start program offers an opportunity to move forward. If you...
The Fresh Start program provides income-based payment plans, a chance to qualify for loan forgivenment programs, removal of a default loan from credit reports and a chance to requalify for student ...
The U.S. Department of Education has extended the deadline for its Fresh Start program for defaulted student loan borrowers until Wednesday morning, according to an agency spokesperson.
It administers the grant program for the Commonwealth of Pennsylvania, and serves as a coordinating body for other grant programs administered by other state agencies. It also served as one of several student loan guarantors in the United States for the Federal Family Education Loan Program (FFELP), under the Higher Education Act of 1965. It ...
The U.S. Department of Education is spreading awareness about its Fresh Start program for loan borrowers ... can resume, which can imperil a borrower's ability to access future home or business ...
The program replaced the earlier Federal Family Education Loan (FFEL) program which issued "guaranteed loans" — loans originated and funded by private lenders but guaranteed by the government. The FFEL program was eliminated because of a perception that it benefited private student loan companies at the expense of taxpayers, but did not help ...
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