New student loan forgiveness rule targets 8 million borrowers News ad

New student loan forgiveness rule targets 8 million borrowers

 News ad

Despite stiff legal opposition, the Biden administration is moving forward with a new plan to cancel federal student loans for millions of borrowers. The Education Department released new forgiveness rules Friday as part of its latest effort to broadly forgive student debt. The agency says the plan, if finalized, would provide one-time debt relief to … Read more

Student Loan Forgiveness Through PSLF Reaches 1 Million Mark News ad

Student Loan Forgiveness Through PSLF Reaches 1 Million Mark

 News ad

More than 1 million student loan borrowers are currently eligible for public service loan forgiveness. The milestone comes after the Biden administration on Thursday announced the latest round of forgiveness for public sector workers, resulting in more than 60,000 borrowers receiving $4.5 billion in debt forgiveness. Overall, the program has forgiven about $74 billion in … Read more