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The Bipartisan Student Loan Certainty Act of 2013 was a bill signed into law by President Barack Obama on August 9, 2013, [1] which, after more than a month of contentious debate between both parties about higher education and how the government should distribute loans, sets federal student loan rates to financial markets on all DIRECT student loans disbursed on or after July 1, 2013.
Originally proposed by President Barack Obama to help students and families pay for post-secondary education, the proposal called for a $4000 credit in exchange for 100 hours of community service. The stated goal of the credit was to, "cover two-thirds the cost of tuition at the average public college or university and make community college ...
America's College Promise was a proposal by the Barack Obama administration to offer all students two free years of community college tuition. [1] [2] [3] It was based on the Tennessee Promise, a similar program for the state of Tennessee. State level programs, like the Tennessee Promise, have faced critique for their ability to fill tangible ...
General forbearances are available for Direct Loans, Federal Family Education (FFEL) Program loans, and Perkins Loans. Mandatory forbearance: Your student loan servicer is required to grant you ...
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 Obama administration announced Tuesday a plan to forgive $7.7B in federal student loans held by an estimated 387,000 permanently disabled Americans.
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