The deadline for borrowers to update their income to stay in their income-driven repayment (IDR) plans has been extended again for borrowers whose loans were covered by the payment pause. […]
Today, the Biden-Harris Administration announced that nearly 153,000 borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan are getting their loans canceled thanks to early implementation of the […]
To help fix massive past problems in the student loan system that prevented people from getting the credit they should have toward loan forgiveness, the Department of Education is currently […]
Last year, the Department of Education awarded new student loan servicing contracts to five companies: CRI, EdFinancial Services, Maximus Education, LLC, MOHELA, and Nelnet. The goal of the changes is […]
A number of student loan borrowers have reached out to NCLC in the last few months regarding issues with Public Service Loan Forgiveness (“PSLF”) and the one-time payment count adjustment. […]
And What Borrowers Can Do When Their Servicer Fails Them Federal student loan borrowers are entering their fourth month of repayment since the end of the payment pause in September […]
Today, the Biden-Harris Administration announced that some borrowers will soon begin receiving debt cancellation after as few as 10 years in repayment, instead of the 20 to 25 years of […]
What now for borrowers? After nearly three years, the student loan payment pause officially ended on September 1st. Borrowers will start getting their first bills in September that will be […]
After the Supreme Court struck down President Biden’s student loan cancellation plan, President Biden announced a number of new actions to help student loan borrower. One of those actions was […]