#repayment-plan

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student-loans
Boston.com
1 month ago
Left-wing politics

Biden administration announces another round of loan cancellation under new repayment plan

The Biden administration is canceling student loans for 206,000 borrowers through a new repayment plan to make higher education accessible. [ more ]
www.bostonherald.com
4 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 ]
Boston.com
4 months ago
US news

Some Americans will get their student loans canceled in February as Biden accelerates his new plan

The Biden administration will start canceling student loans for some borrowers starting in February under a new repayment plan that's being accelerated.
Borrowers will be eligible for loan cancellation if they are enrolled in the new SAVE plan, borrowed $12,000 or less for college, and have made at least 10 years of payments. [ more ]
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www.theguardian.com
1 week ago
Business

Bankrupt crypto exchange FTX says it will be able to repay creditors full $11bn

FTX plans to repay $11bn to creditors after Bitcoin's price surge, exceeding debts by $5bn. [ more ]
Entrepreneur
1 week ago
Business

FTX Paying Back Victims in Full With Interest, Sold Assets | Entrepreneur

FTX plans to repay creditors 118% of their allowed claims in cash, exceeding expectations. [ 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 ]
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