A federal court freezes assets in the agency’s first case under the Impersonation Rule. The Federal Trade Commission (FTC) has taken action against a student loan debt relief…
Read MoreDebt Relief
Administration Announces $7.7 Billion in Additional Student Loan Relief
Three categories of borrowers were selected for debt cancellation. The Education Department announced the latest round of student loan borrowers selected for debt relief. Three categories of borrowers…
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Student Loan Forgiveness Announced for Art Institute Enrollees
The college closed down after paying a settlement to the Justice Department. The Department of Education announced another round of student loan forgiveness, canceling the debts of students…
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Education Department Drafts Next Wave of Student Debt Relief
The agency proposes canceling debt accrued by high interest rates and long payment plans. The Department of Education released a draft this week of the next wave of…
Read MorePresident Announces $7.4 Billion in Student Debt Cancellation
The student loan forgiveness applies to those enrolled in SAVE and other Income-Driven Repayment plans, and Public Service Loan Forgiveness. President Joe Biden’s administration announced another wave of…
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Administration Notifies Public Service Workers of Student Debt Relief
77,700 borrowers approved for a total of $5.8 billion in forgiven loans The Department of Education announced this month that an additional $5.8 billion in federal student loans…
Read MoreEducation Secretary Details Save Plan Student Loan Forgiveness
State-by-state breakdown published by the department. President Biden’s administration released state-specific details on the forgiveness of $1.2 billion in student loans for nearly 153,000 borrowers through the SAVE…
Read MorePresident’s Administration Forgives Additional $1.2 Billion in Student Loans
Cancels federal student loans for another 153,000 borrowers. The White House canceled an additional $1.2 billion in student loan debt this week, the cumulative debt of nearly 153,000…
Read MoreStudent Loan Debt Relief Offered to Borrowers in SAVE Program
Education Department provides debt forgiveness to those who borrowed $12k or less at least 10 years ago. The Department of Education announced that it will be providing loan…
Read MoreAdministration Cancels Another $5 Billion in Student Loan Debt
74,000 borrowers who have worked at least ten years in public service receive federal student loan forgiveness. President Biden announced that another $5 billion in student loan debt…
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