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The refund is not available for private student loans. Eligible federal student loans: —Direct Loans (defaulted and non defaulted) —Federal Family Education Loan (FFEL) Program loans held by ...
Almost 43 million Americans carry student loan debt. Forbearance and deferment are two ways borrowers can freeze their payments. Here are some factors to consider before requesting either one.
When student loan borrowers began applying for loan forgiveness 10 years after the program went into effect, most were denied relief. The White House said it made administrative fixes that ...
As part of the student loan forgiveness plan, there is a clause specifying: “If you made voluntary payments during the payment pause — from March 13, 2020, through Dec. 31, 2022 — and your ...
If you made payments during the federal student loan moratorium (beginning March 13, 2020), you can get a refund for payments made by contacting your loan service provider, according to the ...
The Federal Student Aid (FSA) website was updated this month to state that borrowers with 20 years (240 months) of payments for undergraduate debt or 25 years (300 months) of payments for graduate ...
The adjustment to student loan accounts would go toward helping borrowers get closer to forgiveness under income-driven repayment plans, which offer cancellation after 20 or 25 years, depending on ...
The Education Department also made adjustments to the Public Service Student Loan Forgiveness (PSLF) program, forgiving more than $10 billion in loans for more than 175,000 borrowers.