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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 ...
More than 46 million Americans share $1.75 trillion in U.S. student loan debt, according to the Federal Trade Commission. For many of us, the idea of cutting down our massive student loan debt at ...
Since last year, the Federal Trade Commission (FTC) has received more than 4,000 complaints related to student loan debt relief scams. The number of complaints spiked last October when the loan ...
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 ...
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 ...
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 main goal of this form and review process is to ensure consistency and equity when courts handle student loan bankruptcy. That way, distressed borrowers have a fair chance of getting their ...
The Education Secretary on Thursday announced a settlement of claims that would give roughly 264,000 student loan borrowers approximately $7.5 billion in debt relief. The settlement resolves a ...
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