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Since the start of the COVID-19 pandemic, student loan borrowers have faced a series of ever-changing rules, false starts on loan forgiveness and confusion. Payments were paused during the ...
The uncertainty surrounding student loan forgiveness, including law suits in six states and a "stay" granted by the 8th U.S. Circuit Court of Appeals concerning the Biden administration's loan...
President Joe Biden announced the much-anticipated administration's plan for loan forgiveness on Aug. 24 and one of the provisions is that it will forgive loan balances after 10 years of payments
The White House said Friday it approved another $4.28 billion in student debt cancellation for 54,900 additional public service workers in what could be one of the Biden Administration's final act ...
Additionally, according to the 8th Circuit, student loan forgiveness under other IDR plans — ICR and PAYE — that were created using the same legal authority could also get struck down.
That’s about one-third of the amount of student loan debt that would have been canceled by the forgiveness program rejected by the high court, which would have canceled up to $20,000 for ...