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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 ...
The Federal Trade Commission said it is sending thousands of checks totaling more than $822,000 to borrowers who lost money in a student loan debt-relief scam that operated under the name Student...
President Joe Biden announced the much-anticipated administration’s plan for student loan forgiveness on Aug. 24. and the online application will soon be available. However, the administration ...
The Federal Trade Commission has announced it’s sending 27,584 checks to consumers victimized by student loan forgiveness scams—about $4.1 million in total.. The victims sent money to alleged ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [ 1]
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 ...
November 15, 2022 at 2:05 PM. Since the online form for one-time federal student loan forgiveness opened in mid-October, applications have been pouring in. The U.S. Department of Education ...
On July 14, the Biden administration announced it would automatically cancel $39 billion of debt for 804,000 student loan borrowers in the coming weeks. This follows the June 30 Supreme Court 6-3...