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21 paź 2024 · Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers. Federal student loan payments for some 8 million borrowers will remain on pause for six months or longer,...
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21 paź 2024 · The Education Department confirmed that federal student loan payments for those in the SAVE plan will be interest-free for at least six more months. The SAVE plan, which offers debt relief for public service workers, is blocked by a federal appeals court and faces legal challenges.
5 dni temu · The Biden administration is preparing to reopen access to two critical programs in December that would provide additional pathways to eventual student loan forgiveness. Since August, millions of ...
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.
17 paź 2024 · Another round of forgiveness was announced Thursday, bringing the total amount of student loan cancellation to more than $175 billion for nearly 5 million people since President Joe Biden...
21 lut 2024 · The White House announced that President Biden approved $1.2 billion in debt relief for borrowers enrolled in the SAVE plan, a repayment plan that provides forgiveness after 10 years of payments. The SAVE plan is part of the Biden-Harris Administration's efforts to make higher education more affordable and cancel student debt for millions of Americans.
18 gru 2023 · The Department of Education is updating the payment counts of borrowers with Direct or federally managed FFEL loans to provide credit toward forgiveness. Borrowers with commercially managed FFEL or Perkins loans can consolidate by April 30, 2024, to benefit from the adjustment.
