With the high court's conservatives expressing skepticism about the legality of the Biden administration's blanket debt forgiveness, student loan borrowers are on notice that the relief they thought was coming may not materialize.
and look under the My Loan Servicers list; any name preceded by “DEPT OF ED” is a loan held by the federal government.
The Education Department has said that it will enroll you automatically in the program if it has up-to-date information on your income to determine eligibility. Borrowers in income-driven repayment plans have to report their income annually.Just say no to anyone offering to help you obtain the $10,000 to $20,000 in student loan debt forgiveness. You don’t need them.
. Companies are starting to offer loan repayment assistance, he said, and a new federal law will allow employers to contribute the same amount to workers’ retirement accounts as workers pay for their student loans, starting in 2024.
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