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5 dni temu · The program lowers monthly payments, waives excess interest, and allows for student loan forgiveness after 10 to 25 years in repayment, depending on the type of loans and the original balance.
17 paź 2024 · The Biden-Harris Administration announced the approval of about $4.5 billion in additional student loan relief for over 60,000 borrowers who work in public service. Total loan forgiveness approved by Administration is now over $175B for 4.8M Americans.
21 paź 2024 · Federal student loan payments for about 8 million Americans will stay on hold for at least another six months, the U.S. Department of Education confirmed on Monday.
12 sty 2024 · In a surprise move, the Biden administration announced it is fast-tracking a change that will erase the debts of many federal student loan borrowers after just 10 years.
22 maj 2024 · Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $167 billion for 4.75 million Americans. Thanks to this Administration’s efforts more than one out of every 10 federal student loan borrowers has now been approved for some debt relief.
25 paź 2024 · The U.S. Department of Education (Department) today announced the next step in its ongoing efforts to provide student debt relief—a set of proposed rules that, if finalized, would authorize loan forgiveness for approximately 8 million borrowers experiencing hardship.