Student loan forgiveness programs are about to undergo some of the most significant updates in decades, and some borrowers could be completely cut off from relief.

If forgiveness is implemented or the litigation is resolved, borrowers will have 60 days after that before their payments resume. If not, the pause will last until June 30, 2023, and borrowers will have 60 days after that before their payments restart.

McMahon said her agency is working through thousands of pending cases tied to the PSLF buyback program.

The U.S. Department of Education plans to end a student loan debt forgiveness program used by millions of Americans. The feds said Dec. 9 that they had reached a proposed court settlement to kill the Saving on a Valuable Education (SAVE) debt relief program.

A new Trump administration rule could push some public servants off the fast track to student loan forgiveness. Opponents are trying to block it.

Thousands of borrowers are facing extremely long wait times for a critical student loan forgiveness program. And processing may not be getting any faster.

Since 2005, student loan debt has increased by more than tenfold, growing from roughly $160 billion to over $1.7 trillion currently. During his term, President Biden forgave approximately $188 billion in student debt. There were plans for more loans to be ...

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