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21 paź 2024 · Federal student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said. The development on Monday...
19 lip 2024 · The Department of Education will pause student loan payments for 8 million borrowers after a federal appeals court temporarily blocked a repayment plan that the Biden administration...
21 paź 2024 · The Education Department confirmed that federal student loan payments for those in the SAVE plan will stay on hold pending legal challenges. The SAVE plan, which offers debt relief for public service workers, has been blocked by a federal appeals court and opposed by Republicans.
12 lis 2024 · SAVE Plan borrowers get an extension on payment pause. In late October, the Biden administration extended the interest-free SAVE plan forbearance for the eight million borrowers enrolled in the ...
28 cze 2024 · The department suspends monthly payments and interest for borrowers enrolled in the SAVE plan, which was blocked by court rulings. The SAVE plan was a key part of Biden's student loan repayment program, but faced legal challenges from Republican attorneys general.
1 cze 2023 · After a three-year break, student loan payments will come due again in October — but without the student debt relief for tens of millions of borrowers.
15 gru 2023 · The Department of Education provides data and updates on how borrowers are returning to repayment after the end of the payment pause in June 2023. Learn about the 12-month on-ramp, the SAVE Plan, loan forgiveness programs, and more.