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In other student loan forgiveness news, the U.S. 8th Circuit Court of Appeals issued an order on July 19 blocking the entire SAVE plan. As a result, the U.S. Department of Education placed SAVE ...
The Project on Predatory Student Lending (PPSL) recently discovered that the servicer now offers borrowers the chance to apply for loan discharges. However, Navient never publicized the process ...
US Education Secretary Miguel Cardona (R) looks on as US President Joe Biden delivers remarks on the student debt relief portal beta test, in the South Court Auditorium of the Eisenhower Executive ...
Borrowers have until Oct. 31 to apply for the Public Service Loan Forgiveness plan, which wipes out loan debt for people who make timely payments for 120 months while working full time for the ...
The temporary adjustment allows eligible loan borrowers to use past periods of repayment (and even some periods of deferment and forbearance) toward their 20-year and 25-year IDR loan forgiveness ...
The move is separate from the president’s up to $20,000 in student loan forgiveness that has been held up as the Supreme Court rules on its legality. The adjustment is not contingent on the ...
In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
President Joe Biden announced the much-anticipated administration's plan for loan forgiveness on Aug. 24. But while the plan was mostly widely lauded, details were scarce, until now. Student Loan...