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When student loan payments resumed last year after a three-plus year pandemic-era pause, the Biden administration provided what it called an “on-ramp period” through September 30, 2024.
The on-ramp period was implemented last October to give borrowers some leeway after the over three-year pause on federal student-loan payments ended. It ensured any missed payments were not ...
A federal appeals court will allow the Department of Education to proceed with lowering millions of student loan borrowers’ monthly payments in July as the Biden administration faces two legal ...
^ "Biden-Harris Administration Announces Final Student Loan Pause Extension Through December 31 and Targeted Debt Cancellation to Smooth Transition to Repayment | U.S. Department of Education".
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 ...
Biden could have 'Plan B' if court stalls student debt forgiveness — more repayment delays. On Jan. 1, a temporary pause on federal student loan repayments is set to expire — meaning millions ...
About 26 million federal student loan borrowers have applied for forgiveness under the Biden administration's debt relief program, the White House announced on Wednesday. When and if those ...
Two federal court judges in Kansas and Missouri have paused parts of a student loan repayment plan that the Biden administration launched last year, which lowers borrowers’ monthly payments and ...