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Administrative Forbearance for Student Loans

Student Loan Planner

Federal student loan borrowers have access to a new income-driven repayment plan, the SAVE plan. Instead of billing borrowers an incorrect amount, servicers tend to use an administrative forbearance instead. Unfortunately, servicers have had enormous problems calculating what payments should be under that plan.

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Biden-Harris Administration Propose End to Higher Ed ‘Junk Fees’

Diverse: Issues in Higher Education

The Biden-Harris administration is proposing new steps to crack down on “hidden junk fees” to lower costs saddled on college students and families and make higher education more affordable. The proposed fixes, announced March 15, target fees imposed during the college or graduate school experience — some are imposed multiple times.

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Biden-Harris Administration Announces New Plans for Debt Relief

Diverse: Issues in Higher Education

The Biden-Harris Administration has released initial details of a new set of plans to provide student debt relief to borrowers nationwide. The plans would include 4 million borrowers who have already been approved for debt cancellation by the Biden-Harris Administration over the past three years.

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Biden-Harris Administration Approves Additional $5.8B in Student Debt Relief for 78,000 Public Service Workers

Diverse: Issues in Higher Education

The Biden-Harris Administration has announced the approval of $5.8 billion in additional student loan debt relief for 77,700 borrowers. These approvals are the result of fixes made by the Administration to Public Service Loan Forgiveness (PSLF). billion for 3.96 million Americans. “For

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Biden-Harris Administration Approves Additional 125,000 Americans for Debt Relief

Diverse: Issues in Higher Education

Education Secretary Dr. Miguel Cardona Michael Reynolds — EPA/Bloomberg The Biden-Harris Administration has approved $5.2 billion in additional debt relief for 53,000 borrowers under Public Service Loan Forgiveness programs; nearly $2.8 Miguel Cardona Michael Reynolds — EPA/Bloomberg The Biden-Harris Administration has approved $5.2

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TICAS Policy Agenda Tackles the Flaws in the Higher Ed System

Diverse: Issues in Higher Education

The Institute for College Access and Success (TICAS) has released its latest policy recommendations to make postsecondary education affordable and completable for all students. “It TICAS found that students who receive Pell Grants often end up with $2,000 more debt after college than those who did not receive a Pell Grant.

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Biden Calls for Greater Support of HBCUs, HSIs, and MSIs

Diverse: Issues in Higher Education

While speaking on his administration’s accomplishments in his last four years of service, Biden also addressed what he called “the future of possibilities we can build together.” It’s not just student loans, it’s trying to engage in addressing the structural funding inequities.” Dr. Royel M.

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