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The first thing you need to know is that there are three ways to qualify for a total and permanent disability discharge, Forbes reported. ... The moratorium on federal student loan payments was ...
The rules for disability discharge underwent major changes as a result of the Higher Education Opportunity Act of 2008. The regulations took effect July 1, 2010. [22] In June 2010, the amount of student loan debt held by Americans exceeded the amount of credit card debt held by Americans. [23]
Getting rid of federal student loan debt has just become easier — in many cases automatic — for borrowers with qualifying disabilities. The U.S. Department of Education announced that it will ...
There are a few options for getting out of student loan payments. Your loan, job status and sometimes even the school you attended will play a role in determining your eligibility for these ...
With federal student loan payments set to resume on Sept. 1 following a two-year pause, millions of borrowers will soon have another budget expense to deal with -- unless they can find other ...
The Biden administration recently announced that it has cancelled $7 billion in federal student loan debt for about 350,000 borrowers with disabilities through a data-sharing initiative between the...
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 ...
Enroll in other loan forgiveness programs. Borrowers with a total and permanent disability are eligible for disability discharge.Typically, military veterans who have a 100% disability connected ...