One of the most popular federal student loan forgiveness options is thePublic Service Loan Forgiveness(PSLF) Program, which promises forgiveness of federal student loans to government and qualifying nonprofit employees. Eligible borrowers can have their remaining loan balance forgiven after making 120 qual...
As the nation's student loan debt is used as a political bargaining chip, the potential for confusion is high amid the changing programs, complex payment processes, and sheer volume of loans, payment plans, and economic policies — especially as promises of forgiveness are pledged and struck dow...
For certain borrowers, consolidation was a prerequisite before this deadline to qualify for the upcoming payment count adjustment. Specifically, borrowers with specific federal student loans needed to consolidate their loans through the federal Direct loan program to become eligible for the forgiveness pro...
The Biden administration has now canceled loans for more than 1 million public workers As Biden begins to wrap up his final months in office, where do his potential successors stand on the issue of student loan forgiveness? As Biden's vice president, Kam...
This week we are re-joined by friend of the podcast, Travis Hornsby, to discuss some critical updates and deadlines pertaining to student loan forgiveness. While the thought of paying off student loans can feel daunting, there may actually be some ways to mitigate the stress entirely! Though...
The Supreme Court struck down a plan that would've given $20,000 in federal student loan forgiveness to many borrowers.
Borrowers don't have to pay for help managing their student loans, according to the Federal Trade Commission, which issued a warning last month about scams targeting people with student loans. "If someone tries to charge you up front, before they've done anything, that's your first clue tha...
The idea of your student loans magically being forgiven may seem like someone should pinch you — you must be dreaming, right? You will never have your student loan debt disappear before your eyes, but there are ways of getting your student loans forgiven. The Public Service Loan Forgiveness ...
Yes, debt accrued from federal graduate loans is eligible for forgiveness if the loans are held by the Department of Education, according to Shafroth and other experts. “We have confirmed that graduate student borrowers will be included in t...
loan borrowerswho were in repayment for at least 20 or 25 years saw their student loans erased in July as a result of theincome-driven repayment (IDR) account adjustment. Millions of newer borrowers will benefit from the program in 2024, even though they won’t get loan forgiveness just ...