making post-secondary education accessible to millions of students. To best support the aspirations of these students—many of whom are the first in their family to attend college or vocational school—the Department set an ambitious goal of its own: a dramatic reimagining of the Federal Student ...
The Education Dept. under the newBiden administrationhas approved the loan forgiveness requests of 18,000 students defrauded by the ITT Technical Institute. Through several decades, the for-profit institute founded in 1969 in Carmel, Indiana grew into a chain of colleges across the count...
WASHINGTON, Oct. 6 (Xinhua) -- The U.S. Department of Education on Wednesday announced an overhaul to a federal student loan forgiveness program that will ease the debt burden of as many as 550,000 borrowers who work in government agencies or the nonprofit sectors. Known as the Public Serv...
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 ...
The U.S. Department of Education on Friday launched a beta test of itsstudent debt relief application website. About 95% of Americans with student debt are expected to qualify for loan forgiveness under the Biden administration's plan.
Biden announces more student loan forgiveness President Biden on Wednesday announced his administration is canceling $1.2 billion in student debt for 153,000 borrowers. Biden delivered remarks in Culver City, California. Feb 21 13:03 Oklahoma asks teachers to return bonuses of up $50,000 paid in...
98% OF PUBLIC SERVICE LOAN FORGIVENESS APPLICATIONS REJECTED The 6 million student loan borrowers whose federal loans are serviced by Navient will eventually be transferred to a new servicer, Maximus, subject to the Education Department's approval, Navient said prior to its contract renewal. ...
During the beta test, borrowers will be able to submit an application for student loan forgiveness. Those will be processed once the site officially launches. A preview of the application earlier this week suggested a full rollout could come as soon as ...
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根据第一段A new version of a student loan forgiveness application will be officially launched by the Education Department later this month.It is to cancel up to ＄10,000 in debt for those earning less than ＄125,000 per year and up to ＄20,000 for those who received Pel...