The Department of Education has two critical programs that can provide much needed relief to these borrowers: borrower defense and closed school discharges. But too few borrowers have been able to get the relief they needed through these programs. The post Court Stops US Dept. of Ed. From Using Newest Borrower Defense and Closed School […]
Whether you are just starting your student loan journey or have been dealing with student loan debt for decades, you can use NCLC’s newly created Student Loan Toolkit to help […] The post Introducing NCLC’s Student Loan Toolkit appeared first on Student Loan Borrowers Assistance.
Consolidation Deadline Extended to June 30, 2024 Today, the Department of Education announced that the consolidation deadline to take advantage of the payment count adjustment has been extended until June […] The post Consolidation Deadline Extended to June 30th! Don’t Miss Out on Credit Toward Loan Forgiveness appeared first on Student Loan Borrowers Assistance.
In an earlier post, we shared information about the new student debt relief plan that President Biden announced on April 8, 2024. The Department of Education later published proposed regulations […] The post The Latest Student Debt Relief Announcements (Part 3): Share Your Thoughts on the New Debt Relief Plan appeared first on Student Loan […]
The deadline to apply to consolidate many older federal student loans to be included in the one-time payment count adjustment is Tuesday, April 30th. The one-time payment count adjustment is […] The post Last Chance for Many to Get More Credit Toward Student Loan Cancellation appeared first on Student Loan Borrowers Assistance.
Overview The Department of Education is temporarily pausing processing of PSLF applications & forms Recently, the Department of Education announced that it is temporarily pausing the processing of all Public […] The post The PSLF Processing Pause – What You Should Know appeared first on Student Loan Borrowers Assistance.
So far, over 4 million people have gotten student debt cancellation as a result of relief programs and fixes to those programs by the Biden Administration. However, the biggest student […] The post The Latest Student Debt Relief Announcements (Part 2): New Plans Aim to Expand Debt Relief to 30 Million Americans appeared first on […]
This week there have been two big student debt relief announcements from the Biden Administration. Today, President Biden announced that 277,000 more people are having their federal student loan debt […] The post The Latest Student Debt Relief Announcements (Part 1): 277,000 More Borrowers Get Debt Relief appeared first on Student Loan Borrowers Assistance.
The deadline for borrowers to update their income to stay in their income-driven repayment (IDR) plans has been extended again for borrowers whose loans were covered by the payment pause. […] The post Deadline to Update Income (Recertify) for Payment Plans Extended to at Least September 2024 appeared first on Student Loan Borrowers Assistance.
Today, the Biden-Harris Administration announced that nearly 153,000 borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan are getting their loans canceled thanks to early implementation of the […] The post 153,000 borrowers are getting their loans automatically canceled thanks to the SAVE Plan appeared first on Student Loan Borrowers Assistance.
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