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President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships. Oct 25, 2024 How the Supreme Court's student loan relief ruling affects borrowers
Millions of Americans are struggling to pay off their student loans and desperate to find a way to lower those monthly payments. Scammers know this, so they've created phony student loan "debt relief" companies that promise to help—for a price. Law enforcement has taken notice of this rela...
Selling a one-size-fits-all approach: Student loan debt relief companies often claim to provide a range of services, but most offer only loan consolidation. While this is valuable in some cases, it may not be appropriate or available in others. There is only one federal student loan consolid...
Also, many other state and local government are running similar programs for student loan repayment, in partnership with private and nonprofit organizations.SmialekJeannaBusinessWeek.comJeanna Smialek, "Student Debt Relief Helps Kansas Boost Rural Population," Bloomberg Government Insider, Bloomberg...
When is the loan-relief site launching? Mr. Biden said the program has officially opened on Monday and pointed people to a government website,studentaid.gov, where they can apply for loan forgiveness. I just applied for federal student loan debt relief and it took less than two minutes (se...
In its petition, the Justice Department said, “The lower courts’ decisions have wrongly taken away the Secretary’s legislative authority to give targeted student loan debt relief to borrowers affected by national emergencies.”
This could leave more than 4 million borrowers without relief, since they must have applied to consolidate those loans into a federal direct loan before Sept. 29, 2022, to be eligible for forgiveness, according to new guidance posted by the Education Department on StudentAid.gov. The plan ...
StudentAid.gov has a lot of great resources and online applications where you can apply for these programs. However, some people may want to pay for professional help with the student loan debt. If you don’t qualify, refinancing your student debt presents an alternate opportunity to save ...
The organization has said it wasn’t involved in the states’ decision to sue over the debt-relief plan. The company’s revenue from the federal student loan program is at the center of what is arguably opponents’ best shot at knocking dow...