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Illinois private and federal student loan borrowers owe an average balance of $36,531 — sixth-highest in the nation and just below the national average of $36,689.
Check Out: 6 Ways To Lower Your Student Loan Debt Interest Rate A recent press release from the Illinois CPA Society has some useful advice for getting your loans paid off.
While you can’t snap your fingers and have your student loan debt magically vanish, there are ways to get student loan forgiveness. ... There are a number of student loan forgiveness programs ...
In the summer of 2023, the Supreme Court ruled to strike down Biden’s student loan forgiveness program, which would have canceled up to $20,000 of debt for roughly 43 million eligible borrowers.
The temporary adjustment allows eligible loan borrowers to use past periods of repayment (and even some periods of deferment and forbearance) toward their 20-year and 25-year IDR loan forgiveness ...
When 86-year-old Rebecca Finch received a letter from loan servicer Navient stating that her $31,730.76 private student loan balance was forgiven, it was a huge relief.. Finch cosigned a student ...