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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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Republican Effort To Repeal Student Loan Forgiveness and Payment Pause Could “Wreak Havoc” On Borrowers, Warns Group

Student Loan Planner

A student loan borrower advocacy organization is warning that a Republican effort to repeal signature Biden administration student debt relief initiatives, including broad student loan forgiveness and an extension of the payment pause, could be disastrous for borrowers if enacted.

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Student Loan Repayment Freeze Extended; Borrowers Get Up to $20,000 in Forgiveness

Student Loan Hero

The student loan landscape has changed dramatically, thanks to the government’s August announcement of up to $20,000 in loan forgiveness. There’s also an extension of the ongoing repayment freeze, possibly through the middle 2023. See Federal Student Aid’s statement for more information.