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An update was recently announced that allows applicants to get credit toward forgiveness through a payment count adjustment. However, this waiver is only available through June 30, 2024 .
One month before President Biden leaves the White House, the Biden administration announced it has forgiven student loan debt for 54,900 public service workers.
The new agreement, filed in court on Thursday, stipulates that the CFPB would permanently ban Navient from directly servicing federal student loans. Of the $120 million Navient would have to pay ...
The actions are a part of Biden's effort to fulfil his 2020 campaign pledge to deliver debt relief to millions of Americans before he leaves office in January. Biden cancels another $4.28 billion ...
Watch live as Joe Biden provides an update on his administration’s plans to cancel $9bn of student debt. In an update posted on the briefing room section of the White House’s website, the ...
Navient’s student loan portfolio is estimated at about $1.7 trillion, CNBC reported. ... But the Biden administration has said it will restart collections on Jan. 31, 2022. ... Stimulus Update ...
Nearly 153,000 student loan borrowers currently enrolled in a new repayment plan launched by the Biden administration are expected to get an email Wednesday notifying them that their remaining ...
President Biden announced another sweeping federal student loan forgiveness policy, wiping out $5.8 billion in debt for 77,700 borrowers. However, only certain borrowers will qualify ...