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However, borrowers with FFEL and commercially-held student loans may require direct loan consolidation in order to benefit from the relief. That must be done by May 1, 2023.
Although it can take a long time to qualify for a student loan forgiveness program, getting your student debt canceled could be well worth the wait. To keep yourself motivated, try estimating your ...
Over three years after the pause began in March 2020, student loan payments will finally resume in October. Since inflation is still elevated, you might wonder whether you can afford to resume your...
Per the Department of Education’s student aid website: “The student loan payment pause is extended until the U.S. Department of Education is permitted to implement the debt relief program or ...
The Biden administration has started rolling out a series of programs and initiatives to lighten the burden of student loans and make the repayment process more equitable and manageable. For those ...
"Federal student loans are being onboarded for 20 million borrowers after a 3.5-year pause. Wait times are expected to be significant," he said, noting that the federal government has provided an ...