What are the chances Biden extends the student loan pause again? – The Hill
President Biden faces a ticking timer on the resumption of student loan payments by the end of the summer — but will he allow it to go off?
Login PageFederal Student Loans | U.S. Department of Education
Today, the U.S. Department of Education (Department) announced an expansion of the pause on federal student loan interest and collections to all defaulted loans …
Login PageStudent Loan Forgiveness Timeline And Deadlines Change Again In New Updates To One-Time Adjustment – Forbes
Under the initiative, the Education Department will apply retroactive credit toward a borrower’s 20- or 25-year student loan forgiveness term, …
Login PageBiden’s Student Loan Forgiveness Plans And Payment Pause Face Multiple New Threats
The Biden administration’s student loan debt relief plans are facing new challenges in both Congress and the courts. Here’s the latest.
Login PageStudent loan pause extension 2023: Biden’s forgiveness program faces another lawsuit – ABC7 Chicago
If allowed to move forward, Biden’s student loan forgiveness program would cancel up to $20,000 for qualifying low- and middle-income borrowers.
Login PageThe Biden-Harris Administration’s Student Debt Relief Plan Explained
This plan includes loan forgiveness of up to $20,000. Many borrowers and families may be asking themselves “what do I have to do to claim this relief?” This …
Login PageStudent Loans – CNBC
What’s at stake as Supreme Court weighs student loan forgiveness. Fri, Mar 17th 2023. Personal Finance · College hopefuls’ new dream school — it’s not …
Login PageBiden’s student loan forgiveness plan may cause a drop in credit scores for some borrowers
The Biden administration’s sweeping plan to cancel up to $20,000 in student debt for tens of millions of Americans may have an unintended, …
Login PageStudent Loan Forgiveness Rule Quietly Changes — How It Affects Borrowers’ Debt
Forbes reported that when the Education Department announced the one-time adjustment last April, the guidance indicated that borrowers could …
Login PageBiden’s student loan pause faces another lawsuit | CNN Politics
The latest extension of the pause was put in place by President Joe Biden in November once his separate student loan forgiveness program was …
Login PageCommon Asked Quetions
What are the latest changes to student loan interest rates?
The latest changes to student loan interest rates are that the interest rate for Direct Subsidized and Unsubsidized Loans for undergraduate students is 2.75% for loans disbursed between July 1, 2021 and June 30, 2022. The interest rate for Direct Unsubsidized Loans for graduate or professional students is 4.30% for loans disbursed between July 1, 2021 and June 30, 2022.
What options are available for students looking for assistance with student loan debt?
Options available for students looking for assistance with student loan debt include loan forgiveness programs, income-driven repayment plans, refinancing, and consolidation.
What are the most effective methods for repaying student loan debt?
The most effective methods for repaying student loan debt are to make payments on time, create a budget and stick to it, pay off the loan with the highest interest rate first, and consider loan consolidation or refinancing.
Are there any loan forgiveness programs available to assist with student loan debt?
Yes, there are loan forgiveness programs available to assist with student loan debt. These programs are typically offered by the federal government and can provide partial or full loan forgiveness depending on the individual’s circumstances.