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According to Johnson, borrowers with floating-rate student loans may see some relief in 2025. “Student loan interest rates are tied to broader market rates, and the outlook over the near term is ...
WASHINGTON – The Biden administration approved its last major batch of student loan relief Wednesday, greenlighting $4.5 billion in forgiveness for 261,000 borrowers. The recipients of the debt ...
If the plan is approved and implemented, 25 million federal student loan borrowers may receive student loan forgiveness. In other student loan forgiveness news, the U.S. 8th Circuit Court of ...
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 ...
Administration officials continue to press their case that the loan forgiveness program is necessary to give borrowers financial relief before federal student loan repayments are set to resume in ...
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 ...
In Biden's last announcement on student-loan forgiveness, he canceled over $600 million in debt for nearly 9,000 borrowers.
The Biden administration indicated Friday it plans to scrap his latest student loan forgiveness proposals, which could have wiped away debts for tens of millions of Americans and cleared new paths ...