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What to Do If Your Student Loan Payment Amount is Wrong in 4 Steps

Student Loan Planner

After several years of the COVID-19 forbearance payment pause, federal loan borrowers are back to making required student loan payments again. Over 400,000 student loan borrowers had an incorrect monthly payment amount, according to The New York Times.

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Nearly a Million Student Loan Borrowers Getting Long Overdue Cancellation

NCLC Student Loan Borrower Assistance

On Friday, July 14th, the Department of Education announced that it was sending notice to 804,000 borrowers who had spent 20 to 25 years in repayment on their federal student loans that their remaining balance would be canceled. What do I need to know if I’m eligible for loan cancellation now through IDR?

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Public Service Workers: Take Action by October 31, 2022 To Take Advantage of Temporarily Improved Loan Forgiveness Rules

NCLC Student Loan Borrower Assistance

Fortunately, the Department of Education has temporarily relaxed the rules of the program so that many more borrowers can benefit and can get their loans canceled sooner—or even now. What Is the Public Service Loan Forgiveness Program? This will allow many borrowers to get their loans canceled sooner. .

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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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Student Debt Cancellation Suspended by Courts, Biden Administration Seeking Reversal 

NCLC Student Loan Borrower Assistance

Over 26 million Americans have either applied for student debt cancellation or received notice that they will be approved for cancellation if they do not opt out since the application opened in mid-October. In summary: Two cases challenging student debt cancellation have been thrown out entirely by the courts.

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2023 Year in Review

Diverse: Issues in Higher Education

Coming out of the COVID-19 pandemic, 2023 has been a year notable for its ups and downs on the higher education landscape with the elimination of affirmative action and the implosion of President Joe Biden’s student relief program. The high court voted 6-3 against UNC and 6-2 against Harvard.