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Administration officials continue to press their case that the loan forgiveness program is necessary to give borrowers financial relief before federal student loan repayments are set to resume in ...
A student loan dispute letter from the CFPB and FTC can get you the help you need. Customize these templates and then send them out to request information, make changes to your account or enforce ...
A new path to student loan forgiveness The Biden-Harris Administration recently created a new debt relief plan using the 1965 Higher Education Act (HEA) , which outlines several federal financial ...
In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
See: Biden Extends Student Loan Pause to June 2023 as Courts Stall Debt Forgiveness Student Loan Forgiveness: Approval Letters Are Being Sent, But It Doesn’t Mean You’ll Get Money — Here’s Why
The Education Department recommends that you apply for student debt forgiveness before mid-November if you want it applied to your account before federal student loan payments resume in January 2023.