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2. Federal Direct Student Loan Program - Wikipedia

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

   The FFEL program was eliminated because of a perception that it benefited private student loan companies at the expense of taxpayers, but did not help reduce costs for students. The Federal Direct Loan Program has accumulated a very large outstanding loan portfolio of about $1.5 trillion and this number will continue to rise along with the ...

3. Student financial aid in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_financial_aid_in...

   Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.

4. Student loans in the United States - Wikipedia

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

   The US first major government loan program was the Student Loan Marketing Association (Sallie Mae), formed in 1973. [19] [clarification needed] Before 2010, federal loans included: loans originated and funded directly by the Department of Education (ED) government guaranteed loans originated and funded by private investors.

5. White House approves student debt cancellation for thousands ...

   www.aol.com/news/white-house-approves-student...

   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 ...

6. FedLoan is no longer handling federal student loans: Here’s ...

   www.aol.com/finance/fedloan-no-longer-handling...

   FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet.

7. Biden’s Student Loan Program Blocked Nationwide by Federal ...

   www.aol.com/finance/biden-student-loan-program...

   The White House indicated last week that 26 million borrowers had already given the Department of Education the necessary information to be considered for debt relief, and that 16 million of them ...