Student-loan borrowers just got a first look at what the application for debt cancellation will look like. On Tuesday, the Education Department released details on all of the information federal borrowers will need to access President Joe Biden’s up to $20,000 in debt relief for those making under $125,000 a year. While administration officials toldContinue reading “You can now see the application for Biden’s student-loan forgiveness — and the 5 pieces of information you will need to apply”
Category Archives: Student Loan Forgiveness
Become a Public Service Loan Forgiveness (PSLF) Help Tool Ninja
LOAN REPAYMENT•TIPS FOR SUCCESS16.5 minutes http://www.studentaid.gov/pslf to apply Form Functionality HelpTool New PSLF PublicServiceLoanForgiveness Updates This article will summarize how to use the PSLF Help Tool so that you’re in and out with minimal hassle. We’ll cover help tool basics, how to find your employer in our database, and more. PSLF Help Tool Basics The PSLF Help Tool helps those seeking PSLF toContinue reading “Become a Public Service Loan Forgiveness (PSLF) Help Tool Ninja”
Student loan relief: Only weeks left to apply for major program
Teachers, government workers and people employed by nonprofits have only days remaining to apply for a one-time waiver that could help them erase or reduce their student debt. The so-called “limited Public Service Loan Forgiveness waiver” was designed by the Biden administration last year to fix a major problem with a long-running program designed toContinue reading “Student loan relief: Only weeks left to apply for major program”
If you’ve been paying your federal student loans during the pandemic, here’s how you can get a refund
Borrowers who have made federal student loan payments since March 2020 may be eligible for a refund. Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliateContinue reading “If you’ve been paying your federal student loans during the pandemic, here’s how you can get a refund”
What You Need to Know About Biden’s Student Loan Forgiveness Plan
President Biden’s move means the student loan balances of millions of people could fall by as much as $20,000. This F.A.Q. explains how it will work. By Ron Lieber and Tara Siegel Bernard Published Aug. 24, 2022Updated Aug. 25, 2022, 11:24 a.m. ET President Biden announced on Wednesday that the federal government would cancel up to $20,000 worth of federalContinue reading “What You Need to Know About Biden’s Student Loan Forgiveness Plan”
Biden administration cancels $3.9 billion in student debt for 208,000 borrowers defrauded by ITT Tech
by Annie Nova with CNBC The U.S. Department of Education announced Tuesday that it will cancel all remaining federal student debt taken on by borrowers who were defrauded by ITT Technical Institute since 2005, delivering $3.9 billion in relief to some 208,000 people. ITT Educational Services was at one point one of the largest operatorsContinue reading “Biden administration cancels $3.9 billion in student debt for 208,000 borrowers defrauded by ITT Tech”
Predatory Lending Colleges that can apply for loan forgiveness
Thousands of Borrowers Qualify for Automatic Student Loan Relief – Are You One?
By Adam Hardy, Robert Bruce (More Than 1 Million Borrowers Qualify for Automatic Student Loan Relief — Are You One? (thepennyhoarder.com) As a Student Loan Borrower myself, I found this article to be interesting. More than a million student loan borrowers are entitled to automatic relief thanks to recent court settlements and rule changes fromContinue reading “Thousands of Borrowers Qualify for Automatic Student Loan Relief – Are You One?”
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