More student loan forgiveness available, but April 30 deadline looms
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More student loan forgiveness available, but April 30 deadline looms
This is not a new initiative — it’s the last chance to participate in one of the administration’s first and most successful efforts to reduce the mountain of student debt.
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More student loan forgiveness available, but April 30 deadline looms
Californians who obtained federally backed student loans from private banks can have some or all of their remaining debt forgiven by the Biden administration, but they need to act fast: The deadline for qualifying is Tuesday. The relief is available for students enrolled in income-driven repayment plans or the Public Service Loan Forgiveness program. It's also available for some parents who borrowed through the Federal Family Education Loan program. This is not a new initiative, however —...
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Student loan forgiveness: Some may qualify but need to take action by April 30
Eligible borrowers who consolidate their student loans could qualify for some debt forgiveness, or receive credit for loan forgiveness, as part of a one-time adjustment this summer from the U.S. Department of Education.More than 3.6 million borrowers with Direct Loans will receive at least three years of credit toward loan forgiveness, and many will see their loans forgiven automatically.The move is part of the Biden administration's push to provide student debt relief after his one-time student...