Tag Archives: Department of Education

Department of Education Close To New Student Loan Forgiveness Plan

Education Sec. Miguel Cardona

Jimmy William,s The Department of Education has unveiled a comprehensive proposal for student loan forgiveness, outlining an alternative path after the Supreme Court rejected President Biden’s initial plan for broad debt cancellation. The new approach aims to address financial hardship among federal student loan borrowers through a more bureaucratic administrative …

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White House Extends Student Loan Pause Through May 1

college graduate

On Wednesday, the White House and the U.S. Department of Education announced a 90-day extension of the pause on student loan repayment, interest, and collections through May 1, 2022. The extension will allow the Administration to assess the impacts of the Omicron variant on student borrowers and provide additional time …

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Changes Coming To The Public Service Loan Forgiveness Program

On Wednesday, the U.S. Department of Education announced an overhaul of the Public Service Loan Forgiveness (PSLF) Program that it will implement over the next year to make the program live up to its promise. This policy will result in 22,000 borrowers who have consolidated loans—including previously ineligible loans—being immediately eligible …

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