A smiling teacher reading an email on a computer in the classroom. Copy space. Skynesher | E+ | Getty Images In October 2021, the Biden administration announced a one-year opportunity for student borrowers seeking civil service loan forgiveness to get closer to the debt-free state. Signed into law by then-President George W. Bush in 2007, …
President Joe Biden and Education Secretary Miguel Cardona. The Washington Post | The Washington Post | Getty Images It’s been almost three years since people with federal student loans had to pay off their debt, and the Biden administration recently announced that borrowers have even more time. In March 2020, when the coronavirus pandemic first …
Student loan repayments may not resume until August. Here’s what borrowers need to know Read More »
Olga Riazantseva | Istock | Getty Images After applying for student loan forgiveness, some borrowers receive what sounds like good news from the US Department of Education. “We have reviewed your application and determined that you are eligible for loan relief under the Plan,” according to a letter sent by Education Secretary Miguel A. Cardona. …
What borrowers need to know while student loan forgiveness is in limbo Read More »
