Search results
Results from the Tech24 Deals Content Network
President Joe Biden's student loan forgiveness program can take effect after a judge Wednesday let a temporary restraining order on the plan expire.
Cancel some or all debt for federal student loan borrowers who owe more than they did at the start of repayment in one of the following two ways: Cancel up to $20,000 of the amount by which a borrower’s current balance is greater than the balance on their federal student loans upon entering repayment. All borrowers would be eligible for this ...
The Supreme Court blocked the one-time debt relief plan (you may also know this as the forgiveness of up to $20,000 for Pell Grant borrowers). But you may be able to get help repaying your loans, including full loan forgiveness, through other federal student loan programs.
The Public Service Loan Forgiveness (PSLF) program forgives the remaining balance on your federal student loans after 120 payments working full time for federal, state, Tribal, or local government; the military; or a qualifying non-profit.
The plans would bring the total number of borrowers eligible for student debt relief to over 30 million, including borrowers who have already been approved for debt cancellation by the Biden-Harris Administration over the past three years.
Borrowers would be eligible for relief if they have a current balance on certain types of Federal student loans that is greater than the balance of that loan when it entered repayment due to runaway interest.
All borrowers on SAVE receive forgiveness after 20 or 25 years, depending on whether they have loans for graduate school. The benefit is based upon the original principal balance of all Federal loans borrowed to attend school, not what a borrower currently owes or the amount of an individual loan.
Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE)...
The Department of Education has announced time-limited changes to PSLF that provide an easier path to forgiveness of all outstanding debt for eligible federal student loan borrowers who...
Low-income borrowers who went to college on Pell Grants will receive up to $20,000 in student loan forgiveness. This debt relief will give tens of millions of borrowers some breathing room at a...