The US Department of Education recently announced significant changes to the federal student loan forgiveness program. Here's everything borrowers need to know:
Eligibility for the Public Service Loan Forgiveness program is temporarily expanded through October 31, 2022, so that it now includes borrowers who have older loans that didn't originally qualify as well as those who were in the wrong repayment plan but met the other requirements.More than 550,000 people could be see their debt wiped away sooner than expected due to the changes to PSLF, the Department of Education said.
Biden extends student loan payment pause to January 31The Department of Education will review past payments to count those made on Federal Family Education Loans. It will also count months that service members spent on active duty toward PSLF, even if loan repayment was on a temporary suspension through a deferment or forbearance. The department's review will also take a look at payments that were potentially miscounted by the company or organization servicing the loan.
loan from the federal government do not gain any benefit from the Public Service Loan Forgiveness waiver.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
US unemployment claims fall to lowest level since pandemicWASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months.
Les mer »
Mass Evictions Didn’t Result After U.S. Ban Ended, Despite FearsWhen the federal moratorium expired in August, many worried hundreds of thousands of tenants would be forced out. More than six weeks later, rental aid and state and local policies have fended off the worst.
Les mer »
MS Stock Price | Morgan Stanley Stock Quote (U.S.: NYSE) | MarketWatchMS | Complete Morgan Stanley stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Les mer »
Treasury yields extend decline ahead of U.S. producer-price indexTreasury yields move lower early Thursday, after falling the previous session in the wake of a slightly stronger-than-expected September consumer-price index...
Les mer »
U.S. pastors, advocacy groups mobilize against COVID-19 vaccine mandatesFrom the outside, First Harvest Ministries in Waveland, Mississippi, could almost be mistaken for a storage shed were it not for the steeple.
Les mer »