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  2. Student loan borrowers get more clarity on Biden’s plan to ...

    www.aol.com/finance/student-loan-borrowers-more...

    Around 3.6 million borrowers will receive at least three years of credit toward loan discharge as a result of the adjustment, according to Federal Student Aid (FSA). The move is separate from the ...

  3. Student Loan Forgiveness: 2023 Dates To Know Now - AOL

    www.aol.com/finance/student-loan-forgiveness...

    Jan. 1, 2023. Borrowers are likely dreading Jan. 1, 2023. On the first of the month, student loan repayments will resume after a long pause. In light of this impending repayment date, it is ...

  4. President Biden just forgave another $5.8 billion in student ...

    www.aol.com/finance/president-biden-just-forgave...

    Today’s changes are the result of a long-standing effort by the Biden administration to fix the federal repayment program. Today, total relief through PSLF now equals $62.5 billion for 871,0000 ...

  5. Federal appeals court issues another blow to Biden’s student ...

    www.aol.com/federal-appeals-court-issues-another...

    August 9, 2024 at 6:07 PM. A federal appeals court delivered on Friday another blow to President Joe Biden’s student loan repayment plan, siding with Republican-led states that asked it to block ...

  6. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size. The phrase is an umbrella term for four specific repayment plans that are available within the ...

  7. Higher Education Relief Opportunities For Students Act

    en.wikipedia.org/wiki/Higher_Education_Relief...

    The Higher Education Relief Opportunities For Students (HEROES) Act ( Pub. L. 108–76 (text) (PDF)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended in 2005, and made permanent in 2007.

  8. Appeals judge rules student loan payment cuts can proceed ...

    www.aol.com/finance/appeals-judge-rules-student...

    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.

  9. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The Federal Direct Loan Program has accumulated a very large outstanding loan portfolio of about $1.5 trillion and this number will continue to rise along with the percentage of defaults. A common concern associated with the program is the effect on the economy and repercussions for students that must repay these loans.

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