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Education Department Forgives Loans of More Than 110,000 People in Public Service
The Education Department has canceled around $6.8 billion in student debt for more than 110,000 borrowers through the public service loan forgiveness waiver.
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Dem Lawmaker: Biden in Meeting Suggests He'll Ease Student Loan Burden
The White House was notably more measured about Biden’s stance, but such moves would be a boon to many of the 43 million Americans carrying student loans.
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Millions of Student Loan Borrowers Are Closer to Being Debt-Free. What to Know About the Changes
Here’s what borrowers need to know about the U.S. Department of Education’s plans to overhaul the student loan system.
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Thousands May Have Student Debt That Should Be Erased, Feds Say
A new federal report finds that record-keeping failures by the Education Department may have left thousands of Americans stuck with student debt that should have been forgiven.
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Student Loan Pause to Be Extended, Providing Relief to Graduates
The Biden administration is expected to extend its pause on federal student loan payments through the end of August, according to sources familiar with White House’s decision-making. This will be the sixth time the government extends this break. “It’s going good so far, [but] financially not so great,” admitted Alyssa Rodriguez. Rodriguez is a biology major finishing her second...
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Biden Extends Pause on Student Loan Repayment
The White House announced Wednesday that payments on federal student loans will remain paused through May 1, 2022.
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‘My Best Christmas Present!' Public Workers' Student Loans Forgiven After Rejection
Thousands of public service workers around the country are receiving welcome news for the holidays: the federal government is forgiving their student loan debt. The development comes after they were initially rejected for a program intended to reward their chosen career path. However, after the Biden administration announced a limited waiver period in October, many of those workers are now…
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US to Erase Student Loan Debt for Borrowers With Severe Disabilities
The Biden administration says it will automatically erase student loan debt for more than 300,000 Americans with disabilities that leave them unable to earn significant incomes
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Want to Make a Trade? Mass. Couple Hopes to Turn Free USB Drive Into $130K
John Stout and Carly Zdanek are hoping to turn a free USB drive into the key to paying off $130,000 in combined student loan debt.
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Mass. Lawmakers Call on Biden to Cancel 50K in Student Loan Debt
Attorney General Maura Healey, Senator Elizabeth Warren and Congresswoman Ayanna Pressley are calling on President Joe Biden to forgive student loan debt up to $50,000 per borrower.