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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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →What’s Next for Student Loan Relief?
April 01, 2024
by Ella Halpine
President Biden’s original student loan cancellation plan was struck down by the U.S. Supreme Court in June 2023. Read below for more information about what happened at the Supreme Court […]
Continue Reading →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. […]
Continue Reading →153,000 borrowers are getting their loans automatically canceled thanks to the SAVE Plan
February 21, 2024
by Ella Halpine
Today, the Biden-Harris Administration announced that nearly 153,000 borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan are getting their loans canceled thanks to early implementation of the […]
Continue Reading →Consolidation deadline extended to April 30th–make sure you get debt relief!
February 20, 2024
by Ella Halpine
To help fix massive past problems in the student loan system that prevented people from getting the credit they should have toward loan forgiveness, the Department of Education is currently […]
Continue Reading →Changes Coming to Student Loan Servicing
February 15, 2024
by Ella Halpine
Last year, the Department of Education awarded new student loan servicing contracts to five companies: CRI, EdFinancial Services, Maximus Education, LLC, MOHELA, and Nelnet. The goal of the changes is […]
Continue Reading →More Updates & News
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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