The average student loan balance for college graduates in the US is nearly $30,000 Although federal student loans payments were halted due to the pandemic, they will resume eventually. After student loans payments are unpaused they will again be one of the biggest items on family budgets. Many families and individuals could benefit greatly from a policy to cancel …
Biden Student Loans Repayment Changes and Proposals-2022 update Read More »
What is this student loan forgiveness application? In early July, the United States Education Department, under President Joe Biden, had canceled nearly $56 million in student loan forgiveness application. For an estimated 2,000 borrowers, giving the administration an estimated total of 1.5 billion$ erased from loans. President Joe Biden’s campaign was built on and comprised …
Biden student loan forgiveness application: All you need to know about Read More »
Over the past decade, a student loan has skyrocketed in the US. While it was already surging, the COVID-19 crisis made the situation worse. By December 2020, 43 million Americans owed the government a collective debt of $1.6 trillion. As a new president, Joe Biden comprehended the situation and, transforming already existing policies, announced the …
Biden Student Loan Forgiveness: all the possibilities and uncertainties you should know Read More »
Obama VS Joe Biden In 2009, The Obama Student Loan Forgiveness Program began when students and graduates who paid on time through the Obama administration first received the Income-Based Reimbursement Program (IBR Program). When they created the IBR payment plan, the monthly payment amount was less than 15% of the borrower’s disposable income. The IBR …
Joe Biden vs Obama Student loan forgiveness program Read More »
Student Loan Americans with high student loan debts are waiting for news that President Joe Biden will cancel the balance. Still, members of Congress say they are vigorously pursuing the existing disability loan cancellation plan. We are asking that more than 50 mainly Democratic lawmakers have asked Education Secretary Miguel Cardona to implement reforms. The …
Student Loan Forgiveness Application is a private company and does not claim to be affiliated with any Federal, State, or Local Government agencies. People with student loan debt have the legal right to use an attorney or process federal student loan documentation on their own behalf without paid assistance. Our mission is to provide people with the credit repair, knowledge, information, and document preparation service they need to deal with all the financial decisions to find what they need and return to life effortlessly.
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