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As part of the student loan forgiveness plan, there is a clause specifying: “If you made voluntary payments during the payment pause — from March 13, 2020, through Dec. 31, 2022 — and your ...
The COVID-19-era federal student loan moratorium would have been a relief for their finances if not for the private student loan bill arriving like clockwork every month during the pause.
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 ...
People who still have significant student loans have been eagerly awaiting news on President Biden's debt relief plan, but its fate now rests in the hands of the Supreme Court. First announced on ...
The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on ...
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 ...
The Harris-Biden administration had already canceled $5.5 billion in student loan debt before the preliminary injunctions. The SAVE plan was unveiled last August after an earlier debt cancellation ...
In an updated guidance in October 2022, the Department “maintained that borrowers who cross the 20 or 25-year threshold following the account adjustment would start receiving student loan ...