“Borrowers who devote a decade of their lives to public service should be able to rely on the promise of Public Service Loan Forgiveness,” said Education Secretary Miguel Cardona in a statement Wednesday. “The system has not delivered on that promise to date, but that is about to change ...
It's still unclear what the Biden administration intends to do in terms of broader student loan forgiveness, but appointing a student debt expert with the credentials of Merrill may signal a step toward canceling student debt. In January 2020, Merrillco-signed a letterto then-presidential candida...
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...
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 ...
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.
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...