Pause on student loan repayment extended through May 1

December 22nd, 20210 WASHINGTON D.C. — The Biden administration has extended a student loan moratorium through May 1, giving borrowers an additional three months before repayments start back up. Under the action, payments on federal student loans will remain paused, debt collection efforts will be suspended and interest rates will remain at 0...

Students who received partial loan relief will soon see full discharge

March 19th, 20210 WASHINGTON D.C. — Students who were defrauded by their colleges and received only partial relief from their federal loans could now see them fully canceled. The change proposed by the Biden administration could lead to $1 billion in loans being canceled for 72,000 borrowers, all of whom attended for-profit schools, the Education...