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Department of Education Announces It Will Cancel  All Corinthian Colleges’ Students’ Federal Student Loans 

NCLC Student Loan Borrower Assistance

On June 1, 2022, the Department of Education announced that it would cancel all of the federal student loans former Corinthian College students borrowed to attend those schools (Heald College, Everest Institute/College, and WyoTech) from Corinthian’s founding in 1995 through its closure in 2015.

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The Department is Automatically Canceling the Loans of Some Borrowers Who Attended Predatory Schools: What Borrowers Need To Know

NCLC Student Loan Borrower Assistance

Over the last few months, the Department of Education has made a number of groundbreaking announcements that will provide debt relief to millions of people with student loans. Corinthian : Students who attended a Corinthian-owned school between 1995 through its closure in 2015. . We discuss how to apply below.) .

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SAVE Repayment Plan Quashed By Courts

College Planners of America

Biden’s First Student Debt Relief Plan To relieve millions of Americans of this debt burden, the Executive branch under President Biden took prompt action to reduce it. In 2022, the Administration announced a plan to wipe out significant amounts of student loan debt for tens of millions of Americans.

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SAVE Repayment Plan Quashed By Courts

College Planners of America

Biden’s First Student Debt Relief Plan To relieve millions of Americans of this debt burden, the Executive branch under President Biden took prompt action to reduce it. In 2022, the Administration announced a plan to wipe out significant amounts of student loan debt for tens of millions of Americans.

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Student Loan Forgiveness: Programs for Relief, Plus the Latest on Mass Forgiveness

Student Loan Hero

Student loan forgiveness can wipe out part or all of your student loan debt. The big news on the student loan forgiveness front is that the federal government plans to forgive up to $10,000 in federally held student debt, or up to $20,000 if you previously received a Pell Grant. ( See more below ).

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Biden Cancels $1.2 Billion More in Student Debt

College Planners of America

Since 2021, the Biden administration has forgiven $138 billion in student loans for 3.9 The Administration announced on February 21 that another category of borrowers would have their loans forgiven by the end of the month. It replaced REPAYE, the previous IDRP that had been in place since in 2015. million borrowers.