Student Debt Relief Based on Hardship: New Rules Proposed for 2025
The Biden Administration continues to push new student debt relief efforts. On October 25, the U.S. Department of Education released a press release announcing a set of proposed rules that, if finalized, would authorize student loan forgiveness for nearly eight...
These Student Loan Borrowers Are Not Making Payments
The end of the federal student loan repayment grace period has been a financial rude awakening for millions of borrowers. After the pandemic-related pause on payments since March 2020, the Department of Education’s 12-month “on-ramp” program, which...
Natural Disaster Relief for Student Loan Borrowers
Disaster relief for student loan borrowers is currently available for individuals impacted by FEMA-designated disasters, including Hurricane Helene and Hurricane Milton. If you’re having trouble reaching your servicer or your school’s financial aid office,...
On-Ramp Ends and Biden’s “Plan B” Student Debt Relief Plan Blocked (Again)
The federal student loan “on-ramp” period officially ended at midnight on September 30. This on-ramp gave borrowers 12 months to adjust to making their student loan payments without negative consequences for missed payments. Many Student Loan Borrowers Did...