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Student loan borrowers can now apply for what the Biden administration called "the most affordable repayment plan in history."The Education Department this week released an updated beta version of ...
The official application for the Department of Education's more affordable income-driven repayment plan for federal student loans opened Tuesday at StudentAid.gov.. The launch of the application ...
The first pathway would allow the department to automatically cancel a borrower's student loans if it determines, based on existing borrower data, that the borrower has at least an 80% chance of ...
President Joe Biden began working on his revised student loan relief plan after the Supreme Court blocked its first program in June 2023. The updated policy targets several groups of borrowers for ...
Even with Biden's original plan for sweeping student loan forgiveness debt relief quashed by the Supreme Court, there is still hope for the 43.5 million Americans still owing an average of $37,787 ...
Who qualifies for $20,000 in student loan debt forgiveness? Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to ...
Biden’s plan targets people who took out federal student loans (not private loans) and currently make less than $125,000 individually, or less than $250,000 for dual-income households. If you ...
President Joe Biden is determined to provide debt forgiveness to federal student loan borrowers, despite more than a year of having his plans challenged and shot down in the courts. The...