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If you’re pursuing Public Service Loan Forgiveness, you probably work with FedLoan. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 ... Aidvantage and Nelnet.
Even though the U.S. Supreme Court struck down President Biden's proposal for student loan forgiveness, more than 43 million Americans with student loan debt could still benefit from a different,...
In 2019, President Donald Trump ordered loan forgiveness for permanently disabled veterans, saving 25,000 veterans an average of $30,000 each. [36] The same year, Theresa Sweet and other student loan debtors filed a claim against the US Department of Education, arguing that they had been defrauded by their colleges.
The Higher Education Relief Opportunities For Students (HEROES) Act (Pub. L. 108–76 (text) (PDF)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended in 2005, and made permanent in 2007.
The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]
The new plan improves on an earlier income-driven repayment plan by lowering monthly payments, providing faster forgiveness for some, and preventing balances from growing due to unpaid interest.
The Post-9/11 Veterans Educational Assistance Act of 2008 is Title V of the Supplemental Appropriations Act of 2008, Pub. L. 110–252 (text) (PDF), H.R. 2642, an Act of Congress which became law on June 30, 2008. [1] The act amended Part III of Title 38, United States Code to include a new Chapter 33, which expands the educational benefits for ...
The Biden administration announced on Friday, July 14 it would cancel $39 billion of debt for 804,000 student loan borrowers. This follows the June 30 Supreme Court 6-3 decision, which struck down...