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Home » Updates & News » Student Loan Borrower News » Page 5

Student Loan Borrower News

More Updates & News

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 […]
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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 […]
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Supreme Court Strikes Down President’s Biden Student Loan Relief Plan

June 30, 2023
by Ella Halpine
Today, the Supreme Court struck down President Biden’s plan to provide relief to millions of low-income Americans who are struggling with student loan debt. Borrowers were counting on debt relief […]
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FTC Sending Refunds to People Scammed by Student Debt Relief Company Arete

June 28, 2023
by Ella Halpine
On June 14, 2023, the Federal Trade Commission (FTC) announced that it settled a lawsuit against Arete Financial Group (Arete Financial) for operating an illegal student debt relief scheme and that it will send checks totalling $3.3 million to 37,844 borrowers harmed by the company.
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NCLC Launches Revamped Student Loan Borrower Assistance Website!

June 26, 2023
by Ella Halpine
NCLC’s Student Loan Borrower Assistance Project has launched a newly updated website with comprehensive resources for student loan borrowers and advocates.  For student loan lawyers and advocates, the website provides […]
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A Major Flaw in the IDR Account Adjustment: Excluding Time in Default

June 01, 2023
by Kyra Taylor
By Kyra Taylor, National Consumer Law Center and Winston Berkman-Breen, Student Borrower Protection Center This blog is the third post in a three part series about the IDR Account Adjustment and the continued […]
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The Income-Driven Repayment Account Adjustment Effectively Extends Many of the Flexibilities Announced As Part of the Public Service Waiver That Expired On October 31, 2022

May 30, 2023
by Kyra Taylor
By Kyra Taylor, National Consumer Law Center and Winston Berkman-Breen, Student Borrower Protection Center This blog is the second post in a three part series about the IDR Account Adjustment and the continued […]
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The Income-Driven Repayment (IDR) Account Adjustment: Moving Millions of Borrowers Closer to Cancellation

May 24, 2023
by Kyra Taylor
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 

April 03, 2023
by Kyra Taylor
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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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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