Cons of Student Loan Forgiveness

This move to gather feedback may be in response to President Donald Trump's March 7 executive order to limit eligibility for the Public Service Loan Forgiveness program, a debt relief plan that wipes out student loan balances for eligible teachers, nurses and other public servants after 10 years of on-time payments.

Forbes · 1d

Can The SAVE Plan Be Saved? SOAR Act Introduced To Codify Student Loan Forgiveness Benefits

Democrats propose the SOAR Act to protect income-driven repayment benefits after the SAVE Plan was blocked. Here’s what the bill does—and its chances in Congress.

Insider on MSN · 14h

Trump is moving forward with his plan to limit eligibility for a key student-loan forgiveness program for public servants

The Education Department announced public hearings to discuss streamlining Public Service Loan Forgiveness and income-driven repayment.

GOBankingRates on MSN9h

Should I Refinance My Student Loans? How To Decide

Should I refinance my student loans? Learn when it makes sense, when to avoid it and what to consider before making the ...

USA Today3d

Federal student loan repayment confusion sparks nationwide credit score concerns

Thousands of Americans with federal student loans who did not resume payments after COVID-19-era loan repayment pauses ended a year and a half ago could now see their credit scores hurt ...

The Washington Post9d

Education Department reopens suspended student loan repayment applications

The Education Department on Wednesday reopened applications for some of its most affordable student loan repayment plans but offered no timeline for processing them, a move that could create a ...

GOBankingRates on MSN9d

Federal vs. Private Student Loans: Pros, Cons and How To Decide

When deciding between federal and private student loans, take interest rates, repayment options and eligibility into ...

How Do Federal Student Loans Work?

If you're planning on taking out a federal student loan, or already have, here's an in-depth look at how these types of loans ...

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Loan Forgiveness, SAVE Plan