You can consolidate your loans online in a half hour to potentially
People with certain federal student loans have until Tuesday to consolidate them and qualify for debt cancellation. The Department of Education is reviewing over 40 million loan accounts and issuing credit for past payments that previously didn’t count toward forgiveness. Also in this episode: a look at the latest inflation reading, Americans’ savings habits and pop-up coworking spaces.
Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan cancellation or credit toward cancellation. The Education Department is expected to conduct a one-time adjustment in the summer but borrowers who want to be considered for the adjustment have to submit a request to consolidate their loans by Tuesday. This one-time adjustment is meant to show a more accurate payment count for student loan borrowers.
Certain federal loan holders must consolidate by April 30 to qualify through Income-Driven Repayment and Public Service Loan Forgiveness.
Student loan borrowers have until the end of Tuesday to qualify for a program that could help them pay down their debts.
Student loan borrowers have until the end of Tuesday to qualify for a program that could help them pay down their debts.
This is not a new initiative — it’s the last chance to participate in one of the administration’s first and most successful efforts to reduce the mountain of student debt.
This is not a new initiative — it’s the last chance to participate in one of the administration’s first and most successful efforts to reduce the mountain of student debt.
Californians who obtained federally backed student loans from private banks can have some or all of their remaining debt forgiven by the Biden administration, but they need to act fast: The deadline for qualifying is Tuesday. The relief is available for students enrolled in income-driven repayment plans or the Public Service Loan Forgiveness program. It's also available for some parents who borrowed through the Federal Family Education Loan program. This is not a new initiative, however —...
The Federal Trade Commission is warning about scammers targeting people with promises to cancel their student loans, and critics say President Joe Biden fueled the fire himself. Biden has been pledging to cancel student loans since the 2020 presidential campaign and has rolled out a wide range of programs and proposals toward that end. While his […]
Eligible borrowers who consolidate their student loans could qualify for some debt forgiveness, or receive credit for loan forgiveness, as part of a one-time adjustment this summer from the U.S. Department of Education.More than 3.6 million borrowers with Direct Loans will receive at least three years of credit toward loan forgiveness, and many will see their loans forgiven automatically.The move is part of the Biden administration's push to provide student debt relief after his one-time student...
Borrowers hoping for student loan forgiveness have just a few more days to act before an April 30 deadline.