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  2. Federal Direct Student Loan Program - Wikipedia

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

    The government combats this large outstanding balance with student loan forgiveness which come in several forms, the two most popular being Public Service Loan Forgiveness and Teacher Loan Forgiveness. Looking at Public Service Loan Forgiveness, there are 890,516 borrowers and 41,221 submitted applications, only 423 of these applications were ...

  3. Student loans in the United States - Wikipedia

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

    The Asset-Backed Security (ABS) industry received financial relief in 2008 and in 2020 through the Term Asset-Backed Securities Loan Facility (TALF) program, which was created to preserve the flow of credit to consumers and businesses, including student loans. [93]

  4. Federal vs. private student loans: What’s the difference? - AOL

    www.aol.com/finance/federal-vs-private-student...

    Federal student loans. Private student loans. Interest rates. 5.50% to 8.05% for loans disbursed before July 1, 2024. 6.53% to 9.08% fixed for loans disbursed after July 1, 2024

  5. Sallie Mae - Wikipedia

    en.wikipedia.org/wiki/Sallie_Mae

    SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.

  6. Student loan forgiveness: Government offers updates on ... - AOL

    www.aol.com/finance/student-loan-forgiveness...

    Student loan forgiveness: Government offers updates on eligibility. Ronda Lee. October 7, 2022 at 11:34 AM. ... Only federally backed student loans are eligible for forgiveness. Loans from private ...

  7. Student loans: Notoriously troubled public servant loan ... - AOL

    www.aol.com/finance/student-loans-education...

    The PSLF program, created by Congress in 2007, enables government and non-profit employees with federally-backed student loans to apply for forgiveness after proof of 120 monthly payments under a ...

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