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FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet ...
The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a coronavirus pandemic payment freeze.
April 15, 2024 at 6:33 PM. Breaking news. On Friday, April 12, the Biden-Harris administration announced an additional $7.4 billion in student loan forgiveness for more than 200,000 SAVE Plan ...
The student debt relief announced Friday will wipe out $3.6 billion in debt for 206,800 borrowers. “This relief will go to borrowers who are enrolled in the SAVE Plan who had smaller loans for ...
President Biden announced an additional $4.8 billion in student loan forgiveness Wednesday, with the relief targeted at federal borrowers working in public service fields. The debt relief will ...
President Joe Biden is determined to provide debt forgiveness to federal student loan borrowers, despite more than a year of having his plans challenged and shot down in the courts.The ...
In an updated guidance in October 2022, the Department “maintained that borrowers who cross the 20 or 25-year threshold following the account adjustment would start receiving student loan ...
President Joe Biden, joined by Education Secretary Miguel Cardona, speaks on student loan debt at the White House on Aug. 24, 2022, in Washington, D.C. Credit: Alex Wong/Getty Images (Alex Wong ...