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Another $7.7 billion in federal student loans was forgiven for qualifying borrowers. The Biden-Harris administration announced another round of federal debt forgiveness totaling $7.7 billion on ...
The interest-free federal student loan payment pause, known as a forbearance, was extended three times after it initially went into effect in March 2020 as a way to help reduce the financial...
Student loan payments resumed on Oct. 1 after a three-year hiatus and are impacting many Americans' wallets. With the average monthly student loan payment at $503, according to the...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
Now that the student loan payment pause has come to an end, the reality of monthly student loan payments is sinking in. But thankfully, now there's a benefit that student loan...
Federal student loan payments resumed on Oct. 1, after being on a pandemic-related pause for more than three years. Find out what's happening in Across New Jersey with free, real-time updates...
ILLINOIS — Some Illinois borrowers may be among 153,000 eligible for a share of $1.2 billion in student loan debt relief under a plan announced Wednesday by the Education Department.
This will bring the total amount of debt forgiveness up to $167 billion for 4.75 million student loan borrowers, or 1 in 10 debt holders, according to the Department of Education.
The federal government offers several pathways to student loan forgiveness. If you have federal student loans, it’s worth looking into your forgiveness options.
The plan will forgive $10,000 in student loan debt for some borrowers in New Jersey. It also cancels an additional $10,000 for those who received federal Pell Grants to attend college.