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Student loan administrative forbearance has been extended until Jan. 1, 2023. This is the seventh reprieve for federal student loan borrowers. This was originally published on The Penny Hoarder ...
Current student loans news for 6/21/2024. Millions of borrowers enrolled in Saving on a Valuable Education (SAVE) are poised to benefit both immediately and in August, thanks to upcoming changes ...
Per the most recent figures from the Office of Federal Student Aid, over 50% of borrowers (25.5 million) have loans in forbearance as of September, 2022, with 2.8 million borrowers in deferment as ...
A federal appeals court will allow the Department of Education to proceed with lowering millions of student loan borrowers’ monthly payments in July as the Biden administration faces two legal ...
The possibility of student loan forgiveness is no longer in question. On Aug. 24, 2022, the Biden administration forgave $10,000 of student debt for all borrowers who make less than $125,000 per ...
In October, the Education Department withheld a $7.2 million payment from MOHELA as a penalty for failing to deliver 2.5 million billing notices on time. The billing delays resulted in 800,000 ...
The past few months have been marked by headache after headache for federal student loan borrowers.
During his first term, Trump proposed ending a program that delivers student loan forgiveness to public sector workers after 10 years, and his administration tried to limit debt relief for ...