“The Biden administration has created a plan to bring 7.5 million Americans in default on their federal student loans back into good standing, restoring their eligibility for financial aid and removing the incident from their credit history,” the Washington Post reports. “Anyone now in default on a federal loan made directly by the department, Perkins loans held by the agency and old bank-based debt held by the department or private companies, is eligible for the program.
Similar Stories to Biden To Give Millions Of Student Borrowers A Fresh Start on Bing News
Taegan Goddard, Political Wire
Wed, 08/17/2022 - 10:23am
BING NEWS:
- Big Student Loan Servicing Upheaval Will Impact Forgiveness, Repayment For Millions
These student loan servicing changes will have major impacts for millions of borrowers seeking loan forgiveness or just making their payments. Here’s a breakdown.
05/2/2024 - 7:38 am | View Link - Biden announces new student debt relief plan for millions of borrowers
The Biden administration announced new student loan plans Monday that would provide relief to millions of Americans ... The plans would give borrowers $20,000 in loan forgiveness for balances ...
04/8/2024 - 2:46 am | View Link - President Biden will unveil his new plan to give student loan relief to many new borrowers
WASHINGTON — President Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers ... to cancel debt for millions who attended college.
04/5/2024 - 8:10 pm | View Link - Biden will unveil his new plan to give student loan relief to many new borrowers
Washington – President Joe Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers ... to cancel debt for millions who attended college.
04/5/2024 - 6:01 am | View Link - President Biden will reportedly unveil his new plan to give student loan relief to many new borrowers
WASHINGTON (AP) — President Joe Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers ... to cancel debt for millions who attended ...
04/5/2024 - 5:13 am | View Link - More
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