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The student loan forgiveness application officially opened on Monday at studentaid.gov/debt-relief/application, powered by the Education Department (ED). This is the only site where borrowers can ...
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.
WASHINGTON — President Joe Biden announced Friday that his administration is canceling $7.4 billion in student loans for 277,000 borrowers.
Federal Direct Student Loan Program. The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school.
NEW JERSEY — As student loan payments begin for more than 1 million people in New Jersey, the Biden administration announced it has approved $9 billion more in debt forgiveness for an additional ...
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.
American Student Assistance ( ASA) is a national non-profit organization to help students make informed choices to achieve their education and career goals. It is headquartered in downtown Boston, Massachusetts .
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.
Student loan relief and the ever-growing cost of higher education has become a major issue in the U.S., and Biden promised to look into cancelation options during his first run for president.
The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s (ED) central database for Federal Student Aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program , and other ED programs.
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