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Student Loan Borrower News
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Is your account showing zero qualifying payments for PSLF after consolidating? Don’t panic!
February 12, 2024
by Ella Halpine
A number of student loan borrowers have reached out to NCLC in the last few months regarding issues with Public Service Loan Forgiveness (“PSLF”) and the one-time payment count adjustment. […]
Continue Reading →Over 3.2 Million Borrowers Impacted by Servicing Errors During First Month of Repayment
January 16, 2024
by Ella Halpine
And What Borrowers Can Do When Their Servicer Fails Them Federal student loan borrowers are entering their fourth month of repayment since the end of the payment pause in September […]
Continue Reading →Good News: More Borrowers Will Soon Be Eligible for Debt Cancellation After 10 Years
January 12, 2024
by Ella Halpine
Today, the Biden-Harris Administration announced that some borrowers will soon begin receiving debt cancellation after as few as 10 years in repayment, instead of the 20 to 25 years of […]
Continue Reading →Student Loan Repayment is Here
September 15, 2023
by Ella Halpine
What now for borrowers? After nearly three years, the student loan payment pause officially ended on September 1st. Borrowers will start getting their first bills in September that will be […]
Continue Reading →Returning to Repayment
September 01, 2023
by Ella Halpine
The COVID-19 Payment Pause ended on September 1, 2023. This means that in September borrowers will get their first student loan bills in nearly three years. The first bills will […]
Continue Reading →COVID-19 Payment Pause
August 31, 2023
by Ella Halpine
Under the CARES Act, Congress paused payments on most federal student loans due to the ongoing COVID-19 pandemic. President Trump and President Biden both extended the federal student loan payment […]
Continue Reading →SAVE: A New Payment Plan That Will Reduce Monthly Payments
July 26, 2023
by Ella Halpine
After the Supreme Court struck down President Biden’s student loan cancellation plan, President Biden announced a number of new actions to help student loan borrower. One of those actions was […]
Continue Reading →Nearly a Million Student Loan Borrowers Getting Long Overdue Cancellation
July 18, 2023
by Ella Halpine
On Friday, July 14th, the Department of Education announced that it was sending notice to 804,000 borrowers who had spent 20 to 25 years in repayment on their federal student […]
Continue Reading →Pres. Biden Announces New Student Debt Relief Effort After Court’s Decision
July 14, 2023
by Ella Halpine
After the Supreme Court struck down the student debt cancellation plan, President Biden announced he would pursue an alternative pathway to provide debt relief to borrowers. The new approach involves […]
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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