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Due to a legal challenge by a group of Republican-led states, the 8th Circuit ordered the Department of Education to stop implementing the SAVE plan in August, blocking student loan forgiveness ...
The Public Service Loan Forgiveness provides student debt forgiveness to those who have worked at least 10 years in public service jobs with federal, state, local, or certain non-profit ...
The White House said Friday it approved another $4.28 billion in student debt cancellation for 54,900 additional public service workers in what could be one of the Biden Administration's final act ...
The Education Department (ED) provided a first look at the student loan forgiveness application on Tuesday, but did not say exactly when the form would go live for borrowers to fill out.
The Education Department estimates about 27 million borrowers qualify to receive up to $20,000 in relief. Student loan forgiveness: Government offers updates on eligibility [Video] Skip to main ...
Among several recent proposed changes the Education Department has announced, it has updated the timeline for student loan borrowers seeking forgiveness under a one-time account adjustment ...
In 2022, the Department of Education announced a one-time payment adjustment that will count certain months toward student loan forgiveness for borrowers with an income-driven repayment (IDR) plan.
With 42.8 million Americans carrying federal student loan debt and an average balance per borrower of $37,853, according to the Education Data Initiative, the stakes are high.