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Home » Updates & News » Student Loan Borrower News » Page 7

Student Loan Borrower News

More Updates & News

What Borrowers Need to Know About The Department of Education’s Tentative Agreement To Resolve All Pending Borrower Defense Applications

July 06, 2022
by Kyra Taylor
On June 22, 2022, the Department of Education agreed to a proposed settlement agreement in the class action lawsuit Sweet v. Cardona. In that case, a group of federal student […]
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Department of Education Announces It Will Cancel  All Corinthian Colleges’ Students’ Federal Student Loans 

June 03, 2022
by Kyra Taylor
On June 1, 2022, the Department of Education announced that it would cancel all of the federal student loans former Corinthian College students borrowed to attend those schools (Heald College, […]
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Student Loan Payment Pause Extended through August 31, 2022, Loans Removed from Default: What Borrowers Need to Know

April 08, 2022
by Alpha Taylor
On  April 6, 2022, President Biden directed the U.S. Department of Education to extend the coronavirus-related payment suspension and 0% interest rate on certain federal student loans for four months. The payment suspension […]
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Explosive New Evidence of Mismanagement of Student Loan Program Shows Need for IDR Waiver

April 01, 2022
by Abby Shafroth
By Abby Shafroth and Persis Yu Earlier today, an NPR investigative report revealed sweeping problems plaguing a federal student loan program intended to provide borrowers affordable monthly payments and loan forgiveness after […]
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The Department of Education has announced more borrower defense findings; which applications are getting granted?

February 28, 2022
by Kyra Taylor
Did you attend a predatory school? Please share your story with us here.  A borrower defense to repayment (“borrower defense”) allows borrowers who were misled, defrauded, or subject to illegal […]
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Student Loan Payment Suspension Extended through May 1, 2022: What Borrowers Need to Know

January 13, 2022
by Alpha Taylor
On December 22, 2021, President Biden directed the U.S. Department of Education to extend the coronavirus-related payment suspension and 0% interest rate on certain federal student loans for an additional 90 days. The […]
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If Payments Resume and Child Tax Credit Benefits Expire, February 1st Will Mark a Fiscal Cliff for Millions of Households in All 50 States

December 22, 2021
by Alpha Taylor
By Persis Yu and Abby Shafroth | December 22, 2021 In the coming weeks, tens of millions of American households will face a combination of financial catastrophes: the new Omicron […]
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Over 323,000 Borrowers to Receive Automatic Student Loan Discharge! Are You Eligible?

October 20, 2021
by Alpha Taylor
In August, the Department announced that it would automatically discharge the loans of over 323,000 disabled borrowers. These borrowers were identified through a matching program with the Social Security Administration […]
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Moving in the Right Direction to Protect Student Borrowers – Department of Education Says States Can Hold Student Loan Servicers Accountable

September 28, 2021
by Kyra Taylor
Last month, the Department reversed a DeVos era notice which said that federal student loan servicers were not subject to state consumer protection laws. The Devos interpretation said that states’ […]
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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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