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Student Loans
Yes, the Biden administration is extending the student loan payment pause
Student Loans
After a court ruling, President Biden's student loan forgiveness program has been closed
A district judge declared Biden’s debt relief plan to be unconstitutional in Brown v. Department of Education. The administration is appealing the decision.
Student Loans
Student loan forgiveness application no longer available after court decision
A district judge declared Biden’s debt relief plan to be unconstitutional in Brown v. Department of Education. The administration is appealing the decision.
Student Loans
Official student loan forgiveness application opened, has since closed
The online application form for widespread student debt relief was open for about a month. Borrowers have until Dec. 31, 2023 to fill it out when it reopens.
Student Loans
Yes, a court order paused Biden’s student loan forgiveness program
Although people who qualify for forgiveness can still apply, the Department of Education can’t cancel any debt while an appeals court considers a legal challenge.
Student Loans
No need to reapply for loan forgiveness now that it is official if you applied in the beta version
While the official student debt relief site launched on Oct. 17, any borrower who applied during the beta launch will not have to reapply to receive forgiveness
Student Loans
Yes, some federal student loan borrowers will need to apply for debt forgiveness
Some federal student loan borrowers will need to fill out a “simple application” for debt forgiveness if the Department of Education doesn’t have their income data.
Student Loans
Yes, a change to the student loan forgiveness plan excludes some borrowers from relief
Some borrowers with privately held federal student loans are no longer eligible for debt relief if they didn’t apply to consolidate them before Sept. 29, 2022.
Student Loans
Some borrowers are excluded from a change in the student loan forgiveness plan
Some borrowers with privately held federal student loans are no longer eligible for debt relief if they didn’t apply to consolidate them before Sept. 29, 2022.
Student Loans
Fast Facts about how student debt relief will be applied for borrowers with multiple loans
If you have multiple student loans, the Department of Education determines how relief is applied. Here are the loans that will be forgiven first.
Student Loans
5 ways to spot a student loan forgiveness scam
Reports of scammers claiming to offer student loan forgiveness are on the rise after Biden’s student debt relief announcement. Here’s what to look out for.
Education
You won’t have to pay federal taxes on student debt relief, but states could tax it as income
Many VERIFY readers asked if student loan forgiveness will be taxed. You won’t have to pay federal taxes on forgiven loans, but states could tax it as income.
Student Loans
After a court ruling, President Biden's student loan forgiveness program has been closed
A district judge declared Biden’s debt relief plan to be unconstitutional in Brown v. Department of Education. The administration is appealing the decision.
Student Loans
Student loan forgiveness application no longer available after court decision
A district judge declared Biden’s debt relief plan to be unconstitutional in Brown v. Department of Education. The administration is appealing the decision.
Student Loans
Official student loan forgiveness application opened, has since closed
The online application form for widespread student debt relief was open for about a month. Borrowers have until Dec. 31, 2023 to fill it out when it reopens.
Student Loans
Yes, a court order paused Biden’s student loan forgiveness program
Although people who qualify for forgiveness can still apply, the Department of Education can’t cancel any debt while an appeals court considers a legal challenge.
Student Loans
No need to reapply for loan forgiveness now that it is official if you applied in the beta version
While the official student debt relief site launched on Oct. 17, any borrower who applied during the beta launch will not have to reapply to receive forgiveness
Student Loans
Yes, some federal student loan borrowers will need to apply for debt forgiveness
Some federal student loan borrowers will need to fill out a “simple application” for debt forgiveness if the Department of Education doesn’t have their income data.
Student Loans
Yes, a change to the student loan forgiveness plan excludes some borrowers from relief
Some borrowers with privately held federal student loans are no longer eligible for debt relief if they didn’t apply to consolidate them before Sept. 29, 2022.
Student Loans
Some borrowers are excluded from a change in the student loan forgiveness plan
Some borrowers with privately held federal student loans are no longer eligible for debt relief if they didn’t apply to consolidate them before Sept. 29, 2022.
Student Loans
Fast Facts about how student debt relief will be applied for borrowers with multiple loans
If you have multiple student loans, the Department of Education determines how relief is applied. Here are the loans that will be forgiven first.
Student Loans
5 ways to spot a student loan forgiveness scam
Reports of scammers claiming to offer student loan forgiveness are on the rise after Biden’s student debt relief announcement. Here’s what to look out for.
Education
You won’t have to pay federal taxes on student debt relief, but states could tax it as income
Many VERIFY readers asked if student loan forgiveness will be taxed. You won’t have to pay federal taxes on forgiven loans, but states could tax it as income.
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