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Continued Availability of Student Loan Forgiveness Programs After Payment Pause Ends

share-iconWednesday, January 08 comment-icon2 weeks ago 8 views
News sources:
newsweekNEWSWEEK
Continued Availability of Student Loan Forgiveness Programs After Payment Pause Ends

Credited from: NEWSWEEK

  • Despite the expiration of COVID-era payment pauses, borrowers still have access to various student loan forgiveness programs.
  • The Biden administration has already forgiven nearly $180 billion in student debt, benefiting around five million individuals.
  • Key forgiveness options include the Public Service Loan Forgiveness Program (PSLF) and the Teacher Loan Forgiveness Program (TLF).
  • Borrowers qualify for PSLF by working for eligible employers and meeting specific repayment criteria.
  • Consultation with loan servicers is advised for borrowers to navigate their forgiveness options efficiently.

For further details, visit the original article at Newsweek.

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Student loan forgiveness Public service loan forgiveness Student debt relief Federal student aid
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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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