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The student loan forgiveness plan announced last week by the Biden administration provides sweeping relief to federal student loan borrowers in the form of both canceled debt and an extension of ...
The alternative debt relief through rulemaking was announced by President Biden after the Supreme Court struck down Biden’s up to $20,000 in student loan cancellation in June. This early draft ...
Total student loan debt, currently $1.76 trillion, continues to climb as a number of borrowers do not have access to debt relief, according to the Education Data Initiative. Notably, 47.9 million ...
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The White House still faces pressure to cancel student debt and help a broader swath of borrowers — more than 44 million Americans who owe about $1.7 trillion in student loans. A town hall was ...
The Federal Family Education Loan ( FFEL) Program was a system of private student loans which were subsidized and guaranteed by the United States federal government. The program issued loans from 1965 until it was ended in 2010. Similar loans are now provided under the Federal Direct Student Loan Program, which are federal loans issued directly ...
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