Education Department Must Discharge Student Loans For 205,000 Borrowers After Major Court Defeat
A major new court ruling paves the way for the Education Department to automatically discharge the student loans of roughly 205,000 borrowers.
Borrowers Face Long Waits as Education Department Still Struggles To Process Student Loan Forgiveness Claims
Borrowers can also pursue forgiveness through income-driven repayment plans. Since these plans lower monthly payments based on a borrower's income, there is no set repayment period. After a borrower ...
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Education Department to restore student loan forgiveness tracker
The U.S. Department of Education will reinstate its income-driven repayment (IDR) payment counter, enabling borrowers to track progress toward loan forgiveness after 20 or 25 years of qualifying ...
CNBC
Over 300,000 student loan borrowers were denied a new repayment plan, court filing shows — here's why
Trump officials rejected 327,955 income-driven repayment plan requests from student loan borrowers in August, according to a December court filing. Millions of student loan holders rely on IDR plans ...
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Education Department backlog leaves nearly 2 million student loan borrowers in limbo
In a recent court filing, the Education Dept. disclosed that more than 1.98 million income-driven repayment plan applications ...
Student Loan Forgiveness Tracker Will Be Restored, Says Education Department In New Guidance
The Education Department quietly announced that a critical tool allowing borrowers to track their progress toward student loan forgiveness will be restored.
Becker's Hospital Review
‘Profoundly dismayed’: 6 medical groups slam Education Department’s loan cap, professional degree ruling
Five nursing and physician associate associations said they are “profoundly dismayed” and “deeply concerned” by the Education Department’s ruling to cap student loans and classify nursing and PA ...