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As of March 2024, the Biden administration has announced that over $6 billion of student loan debt will be forgiven for over 70,000 workers in the public service sector such as teachers. nurses ...
The FTC has received over 4,000 complaints related to student loan debt relief scams since last year. (Photo: Getty Creative) (valentinrussanov via Getty Images)
The agency has also stressed that there is no fee to apply for student debt forgiveness. Since the student loan announcement in August and Biden's October push to clamp down on fraud, the Federal ...
By Nate Raymond. WASHINGTON (Reuters) -A federal appeals court on Friday extended an order blocking President Joe Biden's administration from further implementing a student debt relief plan ...
StudentLoanJustice.org is a US grassroots organization founded in 2005 by Alan Collinge with the goal of reforming predatory lending practices in the American student loan industry. Purpose [ edit ] Specifically, the organization calls for the return of standard consumer protections to student loans, including bankruptcy protections and ...
Courtesy Cornell College. More student loan borrowers have successfully received debt relief through bankruptcy after the Biden administration implemented a new policy to make the process easier ...
Apply for an income-driven repayment plan. If you only have federal student loans, income-driven repayment plans let you pay a percentage of your discretionary income for 20 to 25 years before ...
navient .com. Navient Corporation is an American student loan servicer based in Wilmington, Delaware. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient. Navient employs 6,000 people at offices across ...