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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 ...
The 8th Circuit officially blocked the SAVE student-loan repayment plan in its entirety. It replaces its temporary stay on the plan from July, which paused cheaper payments and debt relief.
A federal appeals court on Thursday blocked President Joe Biden's administration from continuing to implement a new student debt relief plan designed to lower monthly payments for millions of ...
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 Republican-led states argued in their lawsuit filed in April that the Biden administration's U.S. Education Department had exceeded its legal authority by enacting the student debt relief plan.
To get student loans discharged, you'll need to prove that they cause you "undue hardship." Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate ...
OPINION: While most of the common objections to student debt relief don’t hold up when facts and logic are applied, there is one that can’t be dismantled. The post The top 10 arguments against ...
About 26 million federal student loan borrowers have applied for forgiveness under the Biden administration’s debt relief program, the White House announced on Wednesday. When and if those ...
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