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  2. Educational Credit Management Corporation - Wikipedia

    en.wikipedia.org/wiki/Educational_Credit...

    Educational Credit Management Corporation (ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education.

  3. Student loan forgiveness: Official application is live - AOL

    www.aol.com/finance/student-loan-forgiveness...

    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 ...

  4. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/wiki/Public_Service_Loan...

    Public Service Loan Forgiveness. The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time ...

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  6. Student Loan Forgiveness Opens: How NJ Borrowers Can Apply

    patch.com/new-jersey/across-nj/student-loan...

    But the deadline to apply is Dec. 31, 2023. The student loan forgiveness program, announced in August, provides eligible Pell grant borrowers with up $20,000 in debt relief and $10,000 in debt ...

  7. Biden approved $9 billion in student loan debt relief. Here's ...

    www.aol.com/news/biden-approved-9-billion...

    The Supreme Court this summer struck down Biden's more sweeping student loan debt relief plan, which would have allowed around 43 million eligible borrowers to cancel up to $20,000 each in debt.

  8. $6.1 billion in student loan debt canceled for enrollees at ...

    www.aol.com/news/6-1-billion-student-loan...

    May 3, 2024 at 12:47 PM. People walk past the Art Institute of Philadelphia in 2015. The Biden administration on Wednesday said it will cancel $6 billion in student loans for people who attended ...

  9. IL Student Loan Borrowers Could Get Email Saying Debt Is ...

    patch.com/illinois/across-il/il-student-loan...

    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.

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