The announcement covers 317,000 former students and marks another step in the administration’s student loan relief efforts.
Category: Education Department (US)
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Biden Cancels $6.1 Billion in Debt for Former Art Institute Students
The announcement covers 317,000 former students and marks another step in the administration’s student loan relief efforts.
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Biden’s Student Loan Repayment Plan Is Being Challenged. Here’s What to Know.
The income-driven plan known as SAVE has reduced payments for millions of borrowers. Lawsuits by Republican-led states are seeking to upend it.
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Student Aid Woes Stalk Education Secretary in Appearance on Capitol Hill
In two hearings, House lawmakers scrutinized Miguel Cardona’s record over persistent problems with the new FAFSA form.
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Biden Approves $5.8 Billion in Student Debt Cancellation for 78,000 Borrowers
The incremental relief brings the canceled total to $143.6 billion for nearly four million Americans.
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Colleges Won’t Get FAFSA Data Until March, Delaying Aid Offers
The wait will make it difficult for many schools to finalize financial aid packages, despite already offering admissions to high school seniors.
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How Some Families Are Breaking the Rules to Complete the FAFSA
Experts are already encouraging students and parents to exchange usernames and passwords to expedite aid applications. One problem: It’s not legal.
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Some Student Loan Borrowers May Be Eligible for Forgiveness Sooner
Next month, federal student loan borrowers may have their debt canceled if they are enrolled in the SAVE plan, initially borrowed $12,000 or less and made 10 years of payments.
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Student Loan Payment Restart Troubled by Long Hold Times and Wrong Billing Statements
The Education Department reduced payments to its loan servicers as the consumer bureau spotlighted mistakes.
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I Spent New Year’s Eve Trying to Do the FAFSA. It Didn’t Go Well.
The new, simplified version of the college student aid form was supposed to become available in December. It was, kind of, for some people.
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As Student Loan Collections Restart, Millions Are Not Yet Paying
After a pandemic freeze, 22 million people received their first bill in years in October — and around 60 percent paid, the government said.
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How Millions of Borrowers Got $127 Billion in Student Loan Debt Canceled
The Biden administration may have been blocked from canceling debt for tens of millions of borrowers by the Supreme Court, but it has still managed to eliminate billions in education debt.