(NEXSTAR) – The application for federal student loan forgiveness has officially opened,President Joe Biden announced Mondayfollowing abeta test that launched Friday. Roughly 8 million borrowers have already completed the debt forgiveness process by completing the beta application, Biden said. His adminis...
The Supreme Court struck down a plan that would've given $20,000 in federal student loan forgiveness to many borrowers.
Since the start of the program, SBA has approved over a million PPP loans, and for many businesses, the second round of PPP loans was available. Even though the program is over so far, there’s loan forgiveness that borrowers might want to consider. So as soon as you’re one of such ...
17, 2022. (AP Photo/Susan Walsh) By CORA LEWIS and ADRIANA MORGA Published 2:26 AM GMT+8, October 19, 2022 Share NEW YORK (AP) — President Joe Biden’s student loan forgiveness program. announced in August, will cancel up to $20,000 in debt per borrower. The application ...
How can I check if I qualify for student loan forgiveness? Verify that you meet the income threshold by checking your 2020 and 2021 tax returns, as experts say that the administration will likely estimate your annual income from either, or both, of those forms. ...
Could legal challenges halt the loan forgiveness? It's possible, according to experts. Several lawsuits have been filed seeking to block the student debt-relief program, with a judge expected torule soonon a challenge filed bysix GOP-led states. These challenges could delay, or even derail, ...
October 10, 2022 at 11:30 PM GMT+8 A new lawsuit could jeopardize Biden’s student loan forgiveness plan. Paul Morigi—Getty Images A court hearing this week could determine the fate of President Joe Biden’s widespread student loan forgiveness plan. ...
Many public servants will now have more time to take advantage of changes to Public Service Loan Forgiveness — likely providing them with faster access to debt relief under the program, officials announced Tuesday. The temporary PSLF waiver the Biden Administrati...
Scammers stole billions of dollars from student loan borrowers in 2022. Following the Supreme Court's decision to strike down President Joe Biden’s student loan forgiveness plan, the Federal Trade Commission (FTC) issued a notice that warned borrowers to beware of scammers. The FTC ...
The FBI is warning that cyber criminals and scammers could start targeting former students who are seeking debt relief under US president Joe Biden's student loan forgiveness program. Under the Student Loan Debt Relief Plan (2022 SDRP) for individuals with incomes below $125,000, or joint filer...