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The White House said the latest round of relief helps borrowers enrolled in the Saving on a Valuable Education (SAVE) repayment plan as well as those in income-driven repayment or Public Service...
Borrowers with federal student loan balances that have ballooned and are now exceeding the original amount borrowed may qualify.
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.
President Joe Biden is determined to provide debt forgiveness to federal student loan borrowers, despite more than a year of having his plans challenged and shot down in the courts.
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 relief for others.
The U.S. Department of Education quietly rescinded some loan forgiveness eligibility, which may affect many borrowers in MD and nationwide. Deb Belt , Patch Staff Posted Sat, Oct 1, 2022 at 3:30...
The Biden-Harris administration announced early this morning that it will automatically discharge $1.2 billion in federal student loans for eligible borrowers.
Thousands of dollars in student loan debt will be canceled for millions of borrowers in California and other states under the new federal plan, which will forgive $10,000 in student loan...
Here's a breakdown of the new plan and how you can get student loan debt relief.
MICHIGAN — Michiganders who borrowed student loans got a preview Tuesday of a website up to 40 million Americans are expected to use to apply for student loan forgiveness.