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  2. Student loan forgiveness: Official application is live - AOL

    www.aol.com/finance/student-loan-forgiveness...

    Who qualifies for $20,000 in student loan debt forgiveness? Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to ...

  3. Student loans: Biden debuts application for new affordable ...

    www.aol.com/finance/student-loans-biden-debuts...

    August 1, 2023 at 2:27 PM. Student loan borrowers can now apply for what the Biden administration called " the most affordable repayment plan in history ." The Education Department this week ...

  4. Federal court extends block on Biden's student debt relief plan

    www.aol.com/news/federal-court-extends-block...

    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 designed to lower ...

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

  6. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size. The phrase is an umbrella term for four specific repayment plans that are available within the ...

  7. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    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 ...

  8. Federal appeals court issues another blow to Biden’s student ...

    www.aol.com/federal-appeals-court-issues-another...

    August 9, 2024 at 6:07 PM. A federal appeals court delivered on Friday another blow to President Joe Biden’s student loan repayment plan, siding with Republican-led states that asked it to block ...

  9. Pay As You Earn - Wikipedia

    en.wikipedia.org/wiki/Pay_As_You_Earn

    President Obama's 2015 budget proposed substantial changes to the Pay as You Earn program. In addition to extending the program to all borrowers, regardless of when their first loans were disbursed, it proposed certain limits to PAYE that are designed to "protect against institutional practices that may further increase student indebtedness, while ensuring the program provides sufficient ...

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