President Biden delivered remarks criticizing the Supreme Court's decision to strike down his student loan forgiveness plan. In a 6-3 ruling Friday, the court's conservative majority said federal law does not allow the program to wipe out nearly half-a-trillion dollars in debt. Mr. Biden says...
To qualify, commercially-held FFEL borrowers must consolidate into a federal direct loan. For the borrower, their debt amount doesn’t really change. It just improves eligibility for forgiveness programs and repayment plans. For the commercial lender, things change dramatically. Instead of receiving ...
You also need to regularly track your balance as well as the lender because loan repayment and forgiveness are based on these details. You may notice, in your process of trying to know your loan balance, that some of your loans are not listed. There is only one reason for this; these l...