Biden Backtracks on FFELP Forgiveness: What Happened and What to do Next
A stunning reversal on policy means that millions of borrowers may now miss out on up to $20,000 of forgiveness.
A stunning reversal on policy means that millions of borrowers may now miss out on up to $20,000 of forgiveness.
IDR plans have a ton of borrower-friendly features, including student loan forgiveness. However, they have some flaws that all borrowers should understand.
Borrowers with FFELP Joint Consolidation Spousal loans will soon be able to qualify for PSLF and IDR Plans like REPAYE.
Borrowers who paid off their loans in full could receive a refund of up to $20,000.
Some politicians want to end programs like Public Service Loan Forgiveness. The threat to borrowers is currently small, but increasing.
Joe Biden’s new Income-Driven Repayment plan would result in many borrowers indefinitely paying 0% interest on their federal loans.
Borrowers may qualify for up to $20,000 in student loan forgiveness, but some immediate action may be required.
Student loans between family members can be life-changing… for the better or for the worse.
Not everyone benefits from student loan forgiveness, and some borrowers are dealing with some guilt about their student loan relief.