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2. Many student loan borrowers are in for a big, bad surprise in ...

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   There are approximately 5.6 million former students currently in default, meaning their loans are at least 270 days behind on payment, who could be immediately affected when collections crank back ...

3. How To Get the Student Loan Interest Deduction - AOL

   www.aol.com/student-loan-interest-deduction...

   The pandemic-era relief provided by the student loan payment moratorium ended in 2023, and by 2024, borrowers were back in the routine of paying their college debt — with interest.

4. Biden is withdrawing his broader student-loan-forgiveness ...

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   The plans aimed to cancel some student debt for over 38 million borrowers. President Joe Biden's administration has officially scrapped its unfinished rules for broad student-loan forgiveness .

5. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...

6. Income-driven repayment - Wikipedia

   en.wikipedia.org/wiki/Income-driven_repayment

   A borrower is a "new borrower" if, when receiving a federal student loan on or after October 1, 2007, the borrower did not have an outstanding balance on another federal student loan. [2] The Revised Pay As You Earn Plan is available to all Direct Loan borrowers regardless of when the money was borrowed.

7. Biden forgives $5 billion more in student loans for over ...

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   The Education Department has forgiven another $4.8 billion in student loans for roughly 80,000 borrowers. Biden forgives $5 billion more in student loans for over 80,000 borrowers. Who qualified?

8. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

9. Have Student Loans? It’s Possible To Have Them Forgiven - AOL

   www.aol.com/finance/student-loans-possible-them...

   Currently, 45 million people are carrying student loan debt, adding up to about $1.7 trillion total. Many borrowers might feel like they're drowning; some can't imagine a future where all their ...