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If you’d like to repay your federal student loans under an income-driven plan, you need to fill out an application. Apply today at StudentAid.gov/idr. Due to the payment count adjustment, past periods of repayment, deferment, and forbearance might now count toward your IDR forgiveness.
The deadline to apply is December 31, 2023. The White House said in a statement that 8 million borrowers may be able to automatically get relief because their financial records and income...
If you attended a school that you feel misled you or engaged in other misconduct in violation of the law, you may be eligible for discharge of your federal student loans through borrower defense to repayment. To apply for federal loan discharge based on borrower defense, visit StudentAid.gov/borrower-defense .
The Biden-Harris Administration today released its first set of draft rules that propose to provide student debt relief for tens of millions of borrowers across the country. These plans were announced last week by President Biden in Madison, Wisconsin. If implemented as proposed, these plans, and others announced by the President, would bring the total number of borrowers getting relief under ...
The plans would bring the total number of borrowers eligible for student debt relief to over 30 million, including borrowers who have already been approved for debt cancellation by the Biden-Harris Administration over the past three years.
Borrowers would be eligible for relief if they have a current balance on certain types of Federal student loans that is greater than the balance of that loan when it entered repayment due to runaway interest.
The Department of Education has announced time-limited changes to PSLF that provide an easier path to forgiveness of all outstanding debt for eligible federal student loan borrowers who...
The U.S. Department of Education (Department) identified nearly 153,000 borrowers who are enrolled in SAVE plan who will have their debt cancelled starting this week, and those borrowers will...
The Public Service Loan Forgiveness (PSLF) program forgives the remaining balance on your federal student loans after 120 payments working full time for federal, state, Tribal, or local government; the military; or a qualifying non-profit. Learn more about PSLF and apply.
President Joe Biden. Use Our Simple Tool to See If You Are Eligible. Am I Eligible? It’s easy as 1, 2, 3. Let’s Find Out. Understand the Benefits and Drawbacks of Consolidation, Including How it...