Aid provided to 3.6 million more. The Department of Education has canceled student loan debt for 40,000 people. In addition, the department has offered credits to help another…
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President Extends Payment Pause on Student Debt
Resumption of payments moved from May 1 to August 31. President Joe Biden announced Wednesday the extension of the repayment freeze on federally held student loans through August…
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House Bill Supports 401(k) Plans
Legislation raises contribution limits for older workers. Under a bipartisan bill passed in the House, Americans could invest more in their 401(k) plans and sit on those nest…
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Education Department Expands College Debt Cancellation
100,000 more people are now eligible. The Department of Education announced this month that 100,000 additional people are now eligible for student loan debt cancellation. Changes made to…
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Student Loan Payment Freeze Could Be Extended Again
Education Department delays payment resumption announcements. The Department of Education has instructed student loan companies to delay sending notices about student loan payments resuming in May. The student…
Read MoreDepartment of Education Updates College Scorecard Tool
Announcement made at Community College National Legislative Summit The College Scorecard is an online tool provided by the U.S. Department of Education that compiles data from colleges across…
Read MorePresident Extends Student Loan Payment Pause
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…
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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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