FSA to Implement Stricter Student Loan Guidelines

Department of Education working to ease borrowers back into loan payments. The Department of Education announced on Friday that they will be taking measures to address the American…

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Education Department Updates Loan Forgiveness Program

550,000 people are expected to benefit from changes.  On Tuesday, the Department of Education announced that it would allow all eligible student borrowers to claim credits from the…

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U.S. Service Members Receive Interest Rate Benefit

Education Department works with DoD to ensure student loan interest benefit received. The U.S. Department of Education has announced that members of the U.S. Armed Forces are being…

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Pause on Federal Student Loan Payments Extended

The freeze will continue until the end of January. President Biden’s administration will relieve Americans of making their federal student loans payments at least through the end of…

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Administration Cancels $500M ITT Student Loan Debt

Forgiveness is for students defrauded by the institute. The Department of Education announced that the 180,000 students who were defrauded by ITT Technical Institute will have their student…

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Student Borrowers Receive Additional Relief

Education Department implements new student loan aid under COVID emergency programs. This week, the Department of Education announced that the pause on federal student loan interest and collections…

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Education Department Extends Student Loan Relief

President requests payment suspension through September 2021. The Department of Education has extended the moratorium on student loan payments through the early fall of 2021. The previous student…

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President’s Student Loan Relief Implemented by Education Secretary

Loan payments now deferred through the end of 2020. Department of Education Secretary Betsy DeVos has fully implemented the memorandum signed by President Trump earlier in August extending…

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