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WASHINGTON — President Joe Biden announced Friday that some federal student loan borrowers will have their loans cancelled under the Department of Education’s new repayment plan.
WASHINGTON — President Joe Biden announced Friday that some federal student loan borrowers will have their loans cancelled under the Department of Education’s new repayment plan.
BY: ARIANA FIGUEROA States NewsroomWASHINGTON — President Joe Biden announced Friday that some federal student loan borrower
Next month, federal student loan borrowers may have their debt canceled if they are enrolled in the SAVE plan, initially borrowed $12,000 or less and made 10 years of payments.
After 2023's emotional rollercoaster of student loan news, 2024 is shaping up to be another important year for federal student loan borrowers. Some of these student loan forgiveness initiatives are approaching key deadlines or cutoff dates, while other programs are just getting started. Student loans have a chokehold over millions of Americans, but you have a few months to put yourself in the best position to tackle yours.