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August 27, 2021 at 2:00 PM. Getting rid of federal student loan debt has just become easier — in many cases automatic — for borrowers with qualifying disabilities. The U.S. Department of ...
For example, on Tuesday, the Education Department announced changes that will result in immediate debt cancellation for at least 40,000 federal student loan borrowers and move an additional 3.6 ...
President Biden today wiped away an additional $9 billion in student debt. Since he took office, his administration has discharged $127 billion in student loan debt for more than 3.5 million ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
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]
About 565,000 veterans received a total of $8.1 billion in education assistance under the current version of the GI Bill in fiscal year 2022. Of the $4.1 billion that went to colleges and ...
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