NCLC Student Loan Borrower Assistance

APRIL 24, 2024

The deadline to apply to consolidate many older federal student loans to be included in the one-time payment count adjustment is Tuesday, April 30th. Do I need to consolidate my loans to get additional credit toward debt relief? I have loans I need to consolidate – what do I do next?

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NCLC Student Loan Borrower Assistance

FEBRUARY 20, 2024

To help fix massive past problems in the student loan system that prevented people from getting the credit they should have toward loan forgiveness, the Department of Education is currently working on giving borrowers retroactive credit toward loan forgiveness. I have loans I need to consolidate – what do I do next?

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NCLC Student Loan Borrower Assistance

MAY 30, 2023

By Kyra Taylor , National Consumer Law Center and Winston Berkman-Breen , Student Borrower Protection Center This blog is the second post in a three part series about the IDR Account Adjustment and the continued flexibilities available to borrowers seeking Public Service Loan Forgiveness.

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NCLC Student Loan Borrower Assistance

MAY 24, 2023

For information about how the Account Adjustment will impact PSLF borrowers, see the second post here. More information about how the one-time adjustment will affect borrowers’ accounts is below.

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NCLC Student Loan Borrower Assistance

FEBRUARY 21, 2024

This big news is an important reminder that many more borrowers could be eligible for loan forgiveness if they take a few key steps–including signing up for the SAVE plan and applying to consolidate FFEL, HEAL, or Perkins loans by April 30, 2024. Do I need to do anything to get credit toward loan forgiveness under the SAVE program?

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College Planners of America

JANUARY 10, 2023

Instead of using the standard repayment plan, there is an improved set of Income-Driven Repayment (IDR) plans that borrowers can use to pay back their loans. IDR plans have proven popular with borrowers, with the percent using them rising from 26% in 2016 to 34% in 2021. A Comparison of Existing and New IDR Plans.

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