Borrowers given 90 additional days of relief. President Biden has extended the federal student loan forbearance period until May 1, 2022, as the Omicron variant of the coronavirus…
Read MoreFederal Student Aid
Student Loan Payments to Resume Next Year
The White House confirms the expiration of the federal student loans pause. The White House stated this past week that President Joe Biden will allow the restart of…
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FSA to Implement Stricter Student Loan Guidelines
Department of Education working to ease borrowers back into loan payments. The Department of Education announced on Friday that they will be taking measures to address the American…
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Education Department Updates Loan Forgiveness Program
550,000 people are expected to benefit from changes. On Tuesday, the Department of Education announced that it would allow all eligible student borrowers to claim credits from the…
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U.S. Service Members Receive Interest Rate Benefit
Education Department works with DoD to ensure student loan interest benefit received. The U.S. Department of Education has announced that members of the U.S. Armed Forces are being…
Read MorePause on Federal Student Loan Payments Extended
The freeze will continue until the end of January. President Biden’s administration will relieve Americans of making their federal student loans payments at least through the end of…
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Administration Cancels $500M ITT Student Loan Debt
Forgiveness is for students defrauded by the institute. The Department of Education announced that the 180,000 students who were defrauded by ITT Technical Institute will have their student…
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Student Borrowers Receive Additional Relief
Education Department implements new student loan aid under COVID emergency programs. This week, the Department of Education announced that the pause on federal student loan interest and collections…
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Education Department Extends Student Loan Relief
President requests payment suspension through September 2021. The Department of Education has extended the moratorium on student loan payments through the early fall of 2021. The previous student…
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President’s Student Loan Relief Implemented by Education Secretary
Loan payments now deferred through the end of 2020. Department of Education Secretary Betsy DeVos has fully implemented the memorandum signed by President Trump earlier in August extending…
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