#loan-forgiveness

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Above the Law
1 month ago
Law

Borrowers Should Benefit From Biden's New Student Loan Forgiveness Proposal Before Voting In November

President Biden announced a revised plan for federal student loan forgiveness with a more targeted approach.
The new proposal covers multiple groups of borrowers, including those with accrued interest, specific repayment dates, and hardships. [ more ]
student-loans
www.npr.org
1 month ago
Education

Biden cancels nearly $6 billion in student debt for public service workers

Over 78,000 public service workers had $6 billion in student loans forgiven due to past administrative failures and Biden's fixes.
Biden's commitment to student debt relief and economic opportunity is highlighted by the recent loan forgiveness announcement for public service workers. [ more ]
Above the Law
2 months ago
Law

More Lawyers Working In Public Service Are Starting To See Their Student Loans Vanish Thanks To The Public Service Loan Forgiveness Program

PSLF program forgave loans for many borrowers, including lawyers with high debt balances.
Changes in PSLF rules and COVID-19 forbearance contributed to increased loan forgiveness under the program. [ more ]
www.bostonherald.com
3 months ago
Education

More student loan changes are on the way. Here's what to expect

Monthly payments on the new income-driven repayment plan, SAVE, will be cut in half for some borrowers starting in July 2024.
Borrowers who originally took out $12,000 or less for their degree can get their loans forgiven after 10 years on SAVE, rather than 20 or 25 years. [ more ]
Truthout
5 months ago
Left-wing politics

Black Loan Borrowers Would Be Particularly Hurt by the Blocking of SAVE Program

The House passed a measure to block the implementation of the Biden administration's SAVE Student Loan Forgiveness program.
The resolution includes a provision to eliminate student loan repayment options tied to income. [ more ]
morestudent-loans
www.mediaite.com
4 days ago
Left-wing politics

Ted Cruz Tells Fox Biden In The Business Right Now Of Buying Votes' With Loan Forgiveness For Pro-Hamas Rioters'

President Biden accused of buying votes by forgiving loans for protesters. [ more ]
Sacramento Bee
2 months ago
Left-wing politics

Biden is showcasing student loan relief efforts as he campaigns in California

President Biden is automatically canceling federal student loans for nearly 153,000 borrowers under the SAVE program.
The first round of forgiveness under the SAVE plan will clear $1.2 billion in loans. [ more ]
Entrepreneur
2 weeks ago
Education

Student Loan Debt Cleared for Former Art Institute Students | Entrepreneur

Former Art Institute students entitled to compensation due to fraud allegations. [ more ]
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