Category: Uncategorized

New Education Dept Guidance for Federal Student Loan Forgiveness Tens of millions of borrowers have not had to make a single payment during Biden’s Administration. Still, the real questions remains. At the end of the program, are student loans forgiven? From the beginning of his candidacy, forgiveness for student loans was a cornerstone of his…

Student Loan Forgiveness in the News Again: New Payment Extension Federal student loan forgiveness has been in the news again due to the most recent payment extension. Student loans were set to resume payments on May 1st, but the Department of Education issued another stay, pushing commencement out until August 31, 2022. Recent results of…

Biden extends pause on student loan payments until December 31 After 25 months of paused payments, program changes and loans being transferred from servicer to servicer, the most important thing you can do is to prepare now. Payments are scheduled to resume by the end of August, according to the Department of Education (DOE). Now…

How do I sign up for an Income Based Repayment (IBR) Program? One of the federal student loan repayment programs that can adjust your monthly loan payment is an IBR (Income-Based Repayment). This program determines payments based on your income and family size. Under this program, the amount of your monthly payment is capped. It…