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Additionally, the Education Department currently expects that the payment count adjustment will be completed by July 1, 2024, at which time the adjustment will be applied to those who have ...
According to Federal Student Aid, payment count adjustments that will count towards IDR forgiveness include: All months in repayment status, regardless of the payments made, loan type or repayment ...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
Those plans provide student loan forgiveness for borrowers who have made monthly payments for at least 20 years. The 8th Circuit Court denied the government’s request to clarify what exactly is ...
The Federal Student Aid (FSA) website was updated this month to state that borrowers with 20 years (240 months) of payments for undergraduate debt or 25 years (300 months) of payments for graduate ...
On Friday, the Department of Education announced that it will begin discharging student loan debts for borrowers who’ve been in repayment for 20-25 years under a one-time payment adjustment ...
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The one-time payment adjustment for income-driven repayment plans was announced last year and counts certain months that were previously ineligible for student loan forgiveness. The adjustment ...