Loans
Another 60,000 student loan borrowers will receive student loan relief in the coming weeks. The Biden Administration announced $4.5 billion in relief for public service workers such as nurses, teachers and social workers. The relief comes as a fix to the original Public Service Loan Forgiveness (PSLF) program. The program…
The Biden-Harris administration on Thursday announced another round of student loan handouts, removing $4.5 billion in debt for more than 60,000 borrowers who work in public service. The Department of Education said in a news release the relief came about from “significant fixes” to the Public Service Loan Forgiveness (PSLF)…
A federal judge on Wednesday set back Republican efforts to thwart President Biden’s student loan bailout, allowing the government to proceed with his debt cancellation plan weeks before the November election. U.S. District Judge Randal Hall of Augusta removed Georgia from a lawsuit brought by seven Republican-led states against the…
A federal judge in Missouri on Thursday temporarily blocked President Biden’s student loan handout just one day after a judge in Georgia had permitted the plan to move forward. U.S. District Judge Matthew Schelp snatched the win from the Biden administration in response to a request from six Republican state…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During…
A federal judge in Georgia has temporarily blocked President Biden’s administration from implementing its plan to waive federal student loans for almost 30 million borrowers. U.S. District Judge J. Randal Hall issued the order on Thursday, ruling that the states currently suing the administration over the plan have established a…
Seven GOP-led states have filed a lawsuit challenging the Biden administration’s most recent student debt forgiveness plan, accusing the U.S. Department of Education (DOE) of taking steps to cancel loans beginning as early as this week. The lawsuit comes nearly a week after the Supreme Court denied the Biden administration’s…
Despite President Biden’s request to reinstate the SAVE plan the administration created to help student loan borrowers pay less in monthly payments, the Supreme Court declined to do so on Wednesday. Lower courts blocked the plan earlier in the summer after legal challenges were brought up by GOP-led states. The…
The Supreme Court of the United States (SCOTUS) denied the Biden administration’s request to lift a block on the Saving on a Valuable Education (SAVE) plan, which is designed to ease the burden of student loan debt for millions of borrowers. A federal appeals court in Missouri blocked the entire…