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  1. 8 kwi 2024 · Low and middle-income borrowers enrolled in the SAVE Plan or any other income-driven repayment (IDR) plan would be eligible for waiver of the entire amount their balance has grown since entering repayment.

  2. 25 paź 2024 · The U.S. Department of Education 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.

  3. Borrowers who owe more now than they did at the start of repayment. 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.

  4. Borrowers can now apply for income-driven repayment (IDR) plans electronically rather than needing to upload an application to our website. Please visit StudentAid.gov/IDR to submit your application.

  5. Borrowers can now apply for income-driven repayment (IDR) plans electronically rather than needing to upload an application to our website. Please visit StudentAid.gov/IDR to submit your application.

  6. 8 kwi 2024 · Today, President Biden is announcing his Administration’s new plans that, if finalized as proposed, would provide debt relief to over 30 million borrowers when combined with actions the...

  7. 8 kwi 2024 · Under the proposed plan, qualifying borrowers would no longer have to enroll to receive forgiveness. The Education Department plans to use use data it already has to identify those borrowers, and...

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