FFEL Archives

How Biden’s Last-Second Decision-Making Hurt Student Loan Borrowers

By focusing on political issues up until the last minute, the Biden administration overlooked and issue and hurt FFELP Borrowers.

Between lawsuits and changing rules, its become very difficult for FFELP borrowers to figure out a plan for their student loans.

A stunning reversal on policy means that millions of borrowers may now miss out on up to $20,000 of forgiveness.

New rules mean borrowers with FFEL loans can qualify for Public Service Student Loan Forgiveness, but consolidation is a required first step.

The Department of Education has announced major changes to PSLF that will be life-changing for many public service student loan borrowers.

FFEL Loans are federal loans from private lenders. This debt can become eligible for student loan forgiveness and income-driven repayment.

FFEL student loans can be a major hurdle for borrowers trying to qualify for Public Service Loan Forgiveness.

Federal direct consolidation is an essential move for some student loan borrowers and a huge mistake for others.

Many FFEL loans don’t qualify for the Covid-19 interest freeze. Federal Direct Consolidation can fix this issue for some borrowers.