What is student loan consolidation?
New York Post· 5 hours agoThese loans may be federal or private, and each individual loan often has a unique interest rate and term length. When it comes time to repay these...
Am I eligible for student loan forgiveness after 20 years?
New York Post· 6 days agoIt’s worth keeping track of your progress and contacting your loan servicer as you near the end of...
Student loan consolidation vs. refinancing: Which is best?
New York Post· 5 days agoThis can simplify payments and help you better track your repayment, but there are some major...
Federal vs. private student loans: What’s the difference?
Bankrate via Yahoo Finance· 2 weeks agoIf you qualify for any of these programs, you could end up having tens of thousands of dollars in ...
Student loan payments, balances up in air as court nears ruling on Biden plan: What to know
The Arizona Republic· 3 days agoCrunch time is drawing near for millions of Americans who applied for or were otherwise eligible for...
3 Types Of Debt You Can Consolidate | Bankrate
Bankrate.com· 2 weeks agoDebt consolidation is when you take out a new loan to pay off multiple debts and simplify your repayment by potentially reducing the ...
US has approved $42 billion in loan forgiveness for public service workers. Here’s who qualifies
Tampa Bay Times· 1 week agoThe U.S. has approved more than $42 billion in federal student loan debt forgiveness for more than...
6 Reasons To Treat Student Loan Debt Differently
Forbes· 2 weeks agoWith so many people eagerly awaiting the Supreme Court's decision on President Joe Biden's student debt forgiveness plan, it's easy to forget about the ...
How Often Can You Refinance Student Loans? - WTOP News
WTOP Washington· 5 days agoStudent loan refinancing involves borrowing a private student loan to pay off one or more existing student loans on ...
Debt relief: Pros and cons
Bankrate via Yahoo Finance· 2 weeks agoFees can apply, such as balance transfer fees or origination fees on debt consolidation loans. You need good or excellent credit to qualify for loans...
Yahoo Web Search
Trending Now
- Federal Student Loan Debt Relief
Federal program
Federal Student Loan Debt Relief is a program that provides eligible borrowers with full or partial discharge of loans up to $20,000 to Federal Pell Grant recipients and up to $10,000 to non-Pell Grant recipients. studentaid.gov
- Individuals who made less than $125,000 in 2021 or 2020 ($250,000 for families)
- The debt relief applies only to loan balances you had before June 30, 2022. Any new loans disbursed on or after July 1, 2022, aren’t eligible for debt relief.
- One-time student loan debt relief won’t be taxed at the federal level. Some states may be taxing this debt relief, so check with your state of residence for the latest information.
- William D. Ford Federal Direct Loan (Direct Loan) Program loans, Federal Family Education Loan (FFEL) Program loans held by ED or in default at a guaranty agency, Federal Perkins Loan Program loans held by ED, and defaulted loans. Private loans (i.e., non-federal loans) are NOT eligible for debt relief.
- The deadline to apply for student loan debt relief is December 31, 2023.
Related topics
Source: studentaid.gov
