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Student loan forgiveness for public-sector workers like teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the program in-house.
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 ...
Last October, the Biden administration announced executive actions that would bring most loans managed by the Education Department "closer to forgiveness," the Department of Education said. These ...
The U.S. Education Department updated the student loan forgiveness process for some borrowers who work in public service, including teachers, police officers and social workers. This change, which ...
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 ...
The department will start providing forgiveness after as few as 10 years of payments for borrowers on the new Saving on a Valuable Education (SAVE) Plan — at least, that’s the timeline for ...
Relief is coming soon to millions of Californians burdened by student loan debt. For many, though, the debt forgiveness offered by the Biden administration will just lighten the load, rather than ...
Before the waiver, payments made towards Teacher Loan Forgiveness forfeited eligibility under PSLF. Overall, ED has discharged $10 billion in debt for borrowers using the PSLF waiver.