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.
Student loan forgiveness can be life-changing—if you play your cards right. This section covers the latest forgiveness programs, PSLF tips, legal updates, and how to avoid scams or costly mistakes.
A stunning reversal on policy means that millions of borrowers may now miss out on up to $20,000 of forgiveness.
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.
Borrowers may qualify for up to $20,000 in student loan forgiveness, but some immediate action may be required.
Not everyone benefits from student loan forgiveness, and some borrowers are dealing with some guilt about their student loan relief.
If Joe Biden wants to forgive private student loans, an executive order won’t be enough. However, there are several strategies that could work.
Getting things right on federal student loan forgiveness could be nearly impossible for Joe Biden. He will anger millions no matter what he does.
The Limited Waiver and TEPSLF were both created to help more borrowers qualify for PSLF.
Two recent programs announced by the Department of Education make the path to student loan forgiveness significantly less complicated.