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More than 7,100 student loan borrowers will receive $3.5 million in refund checks after a consumer protection agency said they were scammed by a student debt relief company in renegotiating ...
Under the Biden plan, up to $10,000 in federal student debt relief may be offered to borrowers whose income in 2020 or 2021 was less than $125,000 (or $250,000 for households). That figure rises ...
Here's a breakdown of the new plan and how you can get student loan debt relief. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...
Even though borrowers have until Dec. 31, 2023, to apply for student loan forgiveness, many are not waiting to start the application process. By applying now, borrowers who received Federal Pell...
In 2022, President Biden announced a broad program of debt relief for student loan borrowers, and FSA spent several months building a program that eventually saw eight million applicants. [142] However, this debt relief program was enjoined by the lower federal courts and invalidated by the U.S. Supreme Court in June 2023.
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