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The Department of Education announced on Aug. 14 that automatic discharges would begin for 804,000 borrowers who qualify for $39 billion in student loan relief due to fixes to income-driven ...
Borrowers whose student loans were forgiven in 2023 may owe state taxes. President Biden has forgiven more than $136 billion in student loan debt for over 3.7 million borrowers. The debt relief ...
The student loan payment pause -- which was set to end Dec. 31, 2022 -- will be extended to the end of June 2023 as the Biden administration awaits the Supreme Court's ruling on the federal student...
Department of Education v. Brown, No. 22-535, 600 U.S. ___ (2023) The Higher Education Relief Opportunities For Students (HEROES) Act ( Pub. L. 108–76 (text) (PDF)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended ...
June 30, 2023. Student loan debt relief has been on pause and under review of the Supreme Court since Nov. 2022. If the program is approved or a decision isn’t made by the Supreme Court before ...
Although the current student loan pause extension originally ran through 60 days after June 30, 2023 — or whenever the lawsuits were resolved — interest on student loans will resume on Sept. 1 ...
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