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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.
Student loan forgiveness: If you have federal student loans, you may be eligible for student loan forgiveness. You may qualify if you’re a teacher or a medical professional, work for a...
WASHINGTON — President Joe Biden announced Friday that his administration is canceling $7.4 billion in student loans for 277,000 borrowers.
On Monday, April 8, the Biden-Harris administration announced that certain federal student loan borrowers across the nation could see federal student debt forgiven as soon as Fall 2024.
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.
US student loan servicers include Navient, FedLoan Servicing (PHEAA), MOHELA, HESC/EdFinancial, Granite State - GSMR, OSLA Servicing, and Debt Management and Collections System. In recent years, some student loan servicers have gone under legal scrutiny for alleged wrongdoing.
The Biden-Harris administration announced early this morning that it will automatically discharge $1.2 billion in federal student loans for eligible borrowers.
Student loan refinancing is when you apply for a new loan to pay off your current student loans, usually to lower your interest rate or extend your payoff timeline.
More than 4 million student loan borrowers have enrolled in the new income-driven repayment plan that the Biden administration touts as “the most affordable ever.”
If you have student loan debt, refinancing can be a smart move – one that can lower your interest rate and also streamline multiple loans into a single debt.