The Biden Administration's Student Loan Debt Relief Plan plan can forgive up to $20,000 for qualified borrowers. You might be wondering if any of that forgiveness applies to your loans, and what happens next. Here’s an overview of the plan, who qualifies, and what the next steps are: Is the repayment pause extended? Yes. The Biden administration has extended the repayments pause for one last Continue Reading
Will the Student Loan Forgiveness Program Help You?
A couple months ago, President Trump signed a spending bill into law that includes a $350 million Public Service Loan Forgiveness (PSLF) program. There are student loan debt forgiveness programs available to help relieve the debts of borrowers in public service careers. These include teachers, nurses, doctors and police officers. The problem is that many of these borrowers are ineligible for Continue Reading