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President Joe Biden announced a first-of-its-kind federal student loan cancellation plan Aug. 24 that would wipe out up to $20,000 worth of federal student loans for millions of Americans. The ...
As of May 2024, The Biden-Harris Administration has provided $153 billion in debt relief to nearly 4.3 million student loan borrowers. In the summer of 2023, the Supreme Court ruled to strike down ...
U.S. President Joe Biden announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023 ...
When you submit a Student Loan Debt Relief application, you will receive an email confirmation. Keep in mind you will not be able to see the status of your application through your StudentAid.gov ...
Borrowers can find the paper application on the FSA Forms Library by clicking on "Loan Forgiveness and Discharge" and selecting "Federal Student Loan Debt Relief" to download the English or ...
“If you refinance federal student loans that are eligible for debt relief into a private loan, you will lose out on important benefits like one-time debt relief and flexible repayment plans for ...
June 30, 2023. Student loan debt relief has been on pause and under review of the Supreme Court since Nov. 2022. If the program is approved or a decision isn’t made by the Supreme Court before ...
1. Know which loans qualify for the student loan forbearance period. To be clear, only federal student loans are eligible for the current student loan relief program that’s part of the CARES Act ...