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Those who stay current on their payments have all the remaining debt canceled after 10 years if they're in the Public Service Loan Forgiveness program; otherwise, those in income-based plans would ...
There were around 7.5 million federal student loan borrowers in default, the Education Department said in 2022, when it launched its mulligan program. That grim figure led to comparisons with the ...
For borrowers in default, Dec. 31 is also the deadline to enroll in the Fresh Start program to get in good standing to be eligible for the one-time payment adjustment and to qualify for an income ...
The Biden administration announced in August that single borrowers who earn under $125,000 can qualify for $10,000 in federal school loan debt cancellation while those who are married qualify for ...
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 August, the Biden administration announced $10,000 in student loan forgiveness along with an additional $10,000 in forgiveness for Pell Grant recipients. Single borrowers who make less than ...