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Mandel Ngan, AFP / Getty Images America's student loan debt problem is nothing new: For years, the media has been offering up a flood of stories about people facing decades of debt repayment and ...
The Education Department said it was clearing loans for another 55,000 borrowers who reached eligibility through a program known as Public Service Loan Forgiveness, which was created by Congress ...
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 ...
President Obama's 2015 budget proposed substantial changes to the Pay as You Earn program. In addition to extending the program to all borrowers, regardless of when their first loans were disbursed, it proposed certain limits to PAYE that are designed to "protect against institutional practices that may further increase student indebtedness, while ensuring the program provides sufficient ...
In the news. As of July 19, 2024, all student loan payments under the SAVE Plan has been put on hold due to an ongoing appeals process as Republican-led states challenge the plan’s legality.
SAVE, the student-loan repayment plan the federal government rolled out in 2023, is in danger of being scrapped, leaving millions of Americans in a state of limbo. ... In Other News.