Category: Blog Article
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Preparing for Federal Student Loan Payments 2023
Preparing for Federal Student Loan Payments For more than three years, millions of Americans were exempt from repaying their federal student loans. However, the time for change has arrived. Student loan payments will start in October, a significant change for both borrowers and the educational finance system. Borrowers are confused about the impending transition, but…
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Biden Announces $39B Student Loan Forgiveness
Biden Announces $39B Student Loan Forgiveness The Biden administration has made a historic decision by announcing the cancellation of $39 billion in federal student debt. This measure is intended to provide relief to 804,000 eligible borrowers who have suffered a variety of difficulties with student loan repayment. In this complete guide, we will look at…
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Policy Spotlight: Biden’s New SAVE PLAN 2023 Explained
Understanding the New SAVE PLAN : Easing the Burden of Student Loan Debt The burden of student loan debt has been a pressing issue for millions of Americans. If you’re one of the many who have been anxiously waiting for relief, the Biden-Harris Administration’s announcement regarding the NEW SAVE Plan might have sparked hope. In this comprehensive guide,…
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Federal Student Loan Borrowers: Payments Resume this Fall, but 800,000 Borrowers Get Surprise Forgiveness
Federal Student Loan Borrowers: Payments Resume this Fall, but 800,000 Borrowers Get Surprise Forgiveness Federal student loan borrowers have been on quite a journey over the past few years. With the onset of the COVID-19 pandemic, the U.S. government implemented a pause on student loan payments to alleviate the financial burden on millions of borrowers.…
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Understanding How Discretionary Income Impacts Your Student Loan Payments
Understanding How Discretionary Income Impacts Your Student Loan Payments As October gets closer, it’s really important for students with loans to get ready for their monthly payments to start again. During the pandemic, many students got some help, and they didn’t have to make their loan payments or pay interest. But now, that help is…
