The government has urged people to double-check their contact information online to ensure they receive timely updates when the application is ready.. Under the forgiveness plan, people who made ...

Under the forgiveness plan, people who made less than $125,000 in the 2020 or 2021 tax year -- or less than $250,000 as a couple -- will be eligible to cancel up to $10,000 in federal student loan ...

How to submit Biden's student loan forgiveness application Apply now for student loan forgiveness under President Biden's new plan on the Department of Education website. Screenshot/Department of ...

A 2023 survey found that 52% of Black borrowers carried at least $25,000 in student loan debt from their own education, compared to 41% of White borrowers and 37% of Hispanic borrowers.

Borrowers can apply for income-driven repayment plans again, and servicers will start processing the applications by May 10. Here's what we know and don't know about IDR plans, right now.

The Biden administration launched a website for federal student loan borrowers to apply for income-driven repayment plans under the administration's SAVE program, which was introduced in early July.