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2. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [41] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing doesn't cover all college ...

3. Federal Direct Student Loan Program - Wikipedia

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

   The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

4. Higher Education Act of 1965 - Wikipedia

   en.wikipedia.org/wiki/Higher_Education_Act_of_1965

   At the insistence of some in Congress, the 1992 reauthorization included a pilot program of direct lending, planting the seed for a full-blown Direct Student Loan Program proposed in Clinton's first year as president. [12] A third change to the loan program was to pilot an income-contingent repayment option.

5. Student loans: Biden's changes to repayment plans should go ...

   www.aol.com/finance/student-loans-bidens-changes...

   Discretionary income . The second change decreases the amount of your discretionary income that goes toward your loan payment from the current 10% to 5% for undergraduate loans only.

6. Student Loans: 3.6M Borrowers Closer to Loan Forgiveness With ...

   www.aol.com/finance/student-loans-3-6m-borrowers...

   The U.S. Department of Education on Tuesday announced upcoming changes that will result in immediate debt cancellation for at least 40,000 federal student loan borrowers and move an additional 3.6...

7. The state of student loan forgiveness: What borrowers ... - AOL

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

   As of May 2024, The Biden-Harris Administration has provided $153 billion in debt relief to nearly 4.3 million student loan borrowers. In the summer of 2023, the Supreme Court ruled to strike down ...