Biden Gets a Failing Grade on Student Loan Relief Extension
Two weeks before the scheduled repayment restart and Biden still has not announced what is next for student loan borrowers.
Two weeks before the scheduled repayment restart and Biden still has not announced what is next for student loan borrowers.
Getting things right on federal student loan forgiveness could be nearly impossible for Joe Biden. He will anger millions no matter what he does.
Two recent programs announced by the Department of Education make the path to student loan forgiveness significantly less complicated.
Now is the time to tweak your federal loans to make sure you maximize any upcoming student loan forgiveness.
Members of Congress are calling for President Biden to forgive up to $50,000 in federal student debt. For borrowers, the upside is obvious, but there is also a huge downside.
EICR has potential to lower monthly payments for borrowers, but early drafts leave plenty of room for improvement.
President Biden has already forgiven billions of dollars in student debt to correct many student loan issues. More help is on the way.
In the next year borrowers could see monthly student laon bills slashed in half and major changes to Public Service Loan Forgiveness (PSLF).
As President Biden explores ways to ease the burden of student debt on borrowers, ending the marriage penalty should be a priority.