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  2. Biden’s New Student Loan Forgiveness Program Announced - AOL

    www.aol.com/biden-student-loan-forgiveness...

    In a Sept. 29 press release, the U.S. Department of Education cited a debt relief issue paper laying out an initial set of policy considerations to “create a path to debt relief for student loan ...

  3. Student Loans: How Borrowers Can Keep Payments Paused ... - AOL

    www.aol.com/finance/student-loans-borrowers-keep...

    Cash-strapped federal student loan borrowers who hoped to get debt relief through the Biden administration's loan forgiveness plan might soon have to look elsewhere for help. The program is under...

  4. Student loans: One-time payment adjustment of $39 billion ...

    www.aol.com/finance/student-loans-one-time...

    Ronda Lee. July 14, 2023 at 10:54 AM. On Friday, the Department of Education announced that it will begin discharging student loan debts for borrowers who’ve been in repayment for 20-25 years ...

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

  6. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    The National Student Loan Data System lets a borrower know who is the servicer of their loan. Public Service Loan Forgiveness Program. The Public Service Loan Forgiveness Program provides for the forgiveness of certain types of federal student loans after 10 years of qualifying employment and payments.

  7. Higher Education Act of 1965 - Wikipedia

    en.wikipedia.org/wiki/Higher_Education_Act_of_1965

    At the insistence of some in Congress, the 1992 reauthorization included a pilot program of direct lending, planting the seed for a full-blown Direct Student Loan Program proposed in Clinton's first year as president. A third change to the loan program was to pilot an income-contingent repayment option.

  8. Biden administration doling out another $6.1B in student debt ...

    www.aol.com/finance/biden-administration-doling...

    The department notes it will be pausing any loans identified for discharge and will be refunding payments on any related federal student loans that former students have made. Eligible borrowers ...

  9. Everything To Know About Student Loan Forgiveness for ... - AOL

    www.aol.com/everything-know-student-loan...

    The student loan forgiveness plan announced last week by the Biden administration provides sweeping relief to federal student loan borrowers in the form of both canceled debt and an extension of ...

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