The Biden administration has announced they plan to modify the terms of the original Revised Pay As You Earn (REPAYE) plan to allow most borrowers to pay significantly less while receiving interest …
Advocacy Groups Urge Supreme Court to Uphold Biden’s Student Loan Forgiveness Plan – Key Updates
Over a dozen student loan borrower advocacy organizations have submitted amicus curiae briefs with the U.S. Supreme Court, urging the justices to uphold President Biden’s embattled one-time student …
Biden’s Huge Plan for Student Loan Cancellation and Forgiveness
President Joe Biden plans to cancel $10,000 to $20,000 of federal student loan debt for millions of borrowers and create a New IDR plan to lower payments for millions more. The debt cancellation plan …
Millions of Student Loan Borrowers “At-Risk When Payment Suspension Ends,” Says Federal Watchdog Agency
This week, a federal watchdog agency released a major report warning policymakers and stakeholders that millions of student loan borrowers might be at financial risk when payments eventually …
5 Things Borrowers Should Know About Biden’s Latest Student Loan Relief Extension
This week, the Biden administration announced a new wave of student loan relief. It included an extension of the ongoing pause on most federal student loan payments and interest accrual, as well as …
4 Major Student Loan Takeaways from Biden’s Budget Proposal
The Biden administration unveiled a sprawling $5.8 trillion budget proposal this week. The plan covers everything from infrastructure projects to defense spending to social programs. A presidential …