Latest Student Loan News

The Income-Driven Repayment (IDR) Account Adjustment: Moving Millions of Borrowers Closer to Cancellation

Including Parent PLUS Borrowers Who May Receive Credit Towards Public Service Loan Forgiveness (PSLF) By Kyra Taylor, National Consumer Law Center and Winston Berkman-Breen, Student Borrower Protection Center This blog is the first […]
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Preparing Older Student Loan Borrowers To Restart Repayment 

On Tuesday, March 28th, 2023 student loan experts Kyra Taylor, Abby Shafroth, and Alpha Taylor from the National Consumer Law Center and Amy Czulada from the Student Borrower Protection Center […]
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Stuck in Default on Your Federal Student Loan? Here’s What Borrowers Need to Know About the New Time-Limited Fresh Start Initiative to Help Borrowers Get Out of Default 

Roughly 20% of the 43 million Americans holding federal student loans are in default. Prior to the pandemic, these borrowers faced harsh consequences, including wage garnishment, Social Security benefits offset, […]
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A Sneak Peek At New Student Loan Rules Coming in July 2023

In November 2022, the Department of Education published final rules that will change regulations governing a variety of federal student loan cancellation programs as well as how interest impacts student […]
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Student Loan Payment Pause Extended Once Again Due to Lawsuits Delaying Cancellation

On August 24, 2022, President Biden announced that to provide Americans still recovering financially from the pandemic with breathing room when student loan payments resumed at the beginning of 2023, […]
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Student Debt Cancellation Suspended by Courts, Biden Administration Seeking Reversal 

Over 26 million Americans have either applied for student debt cancellation or received notice that they will be approved for cancellation if they do not opt out since the application […]
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Apply for Student Debt Cancellation Today!

Good news:  The online application for the Biden Administration’s student debt cancellation is now officially open!  And the application is fast and easy–you don’t need to submit any documents or […]
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Do I qualify for the PSLF limited waiver?

On October 6, 2021, the Department of Education announced it would temporarily change the rules for PSLF so that more borrowers could obtain cancellation. The waiver will only last until […]
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The Department is Automatically Canceling the Loans of Some Borrowers Who Attended Predatory Schools: What Borrowers Need To Know

Over the last few months, the Department of Education has made a number of groundbreaking announcements that will provide debt relief to millions of people with student loans. In addition […]
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