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Home » Updates & News » Student Loan Borrower News » Page 2

Student Loan Borrower News

More Updates & News

Court Stops US Dept. of Ed. From Using Newest Borrower Defense and Closed School Discharge Rules: What Borrowers Need To Know

July 18, 2024
by Ella Halpine
The Department of Education has two critical programs that can provide much needed relief to these borrowers: borrower defense and closed school discharges. But too few borrowers have been able to get the relief they needed through these programs.
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Introducing NCLC’s Student Loan Toolkit

June 06, 2024
by Ella Halpine
Whether you are just starting your student loan journey or have been dealing with student loan debt for decades, you can use NCLC’s newly created Student Loan Toolkit to help […]
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Consolidation Deadline Extended to June 30th! Don’t Miss Out on Credit Toward Loan Forgiveness

May 15, 2024
by Ella Halpine
Consolidation Deadline Extended to June 30, 2024 Today, the  Department of Education announced that the consolidation deadline to take advantage of the payment count adjustment has been extended until June […]
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The Latest Student Debt Relief Announcements (Part 3): Share Your Thoughts on the New Debt Relief Plan

April 26, 2024
by Ella Halpine
In an earlier post, we shared information about the new student debt relief plan that President Biden announced on April 8, 2024. The Department of Education later published proposed regulations […]
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Last Chance for Many to Get More Credit Toward Student Loan Cancellation

April 24, 2024
by Ella Halpine
The deadline to apply to consolidate many older federal student loans to be included in the one-time payment count adjustment is Tuesday, April 30th.  The one-time payment count adjustment is […]
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The PSLF Processing Pause – What You Should Know

April 18, 2024
by Ella Halpine
Overview The Department of Education is temporarily pausing processing of PSLF applications & forms Recently, the Department of Education announced that it is temporarily pausing the processing of all Public […]
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The Latest Student Debt Relief Announcements (Part 2): New Plans Aim to Expand Debt Relief to 30 Million Americans

April 12, 2024
by Ella Halpine
So far, over 4 million people have gotten student debt cancellation as a result of relief programs and fixes to those programs by the Biden Administration. However, the biggest student […]
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The Latest Student Debt Relief Announcements (Part 1): 277,000 More Borrowers Get Debt Relief

April 12, 2024
by Ella Halpine
This week there have been two big student debt relief announcements from the Biden Administration. Today, President Biden announced that 277,000 more people are having their federal student loan debt […]
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Deadline to Update Income (Recertify) for Payment Plans Extended to at Least September 2024

March 12, 2024
by Ella Halpine
The deadline for borrowers to update their income to stay in their income-driven repayment (IDR) plans has been extended again for borrowers whose loans were covered by the payment pause. […]
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Important Note: On June 24, 2024, two court decisions temporarily blocked parts of the SAVE Plan from taking effect. These decisions may change borrowers’ rights and access to certain benefits, including repayment plans. We will update this website with more details on how this will impact borrowers soon. Visit here for more information.


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