Tag: Student Loan Forgiveness

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Student loan forgiveness: pitfalls and opportunities
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Student loan forgiveness: pitfalls and opportunities

In our previous examination of student debt, we outlined extensive coverage of President Biden’s Student Loan Forgiveness Plan. A lot has happened since then, including an abrupt pause of the program. In the current student debt landscape, what has changed? Let’s review what’s happened since the pause, and what opportunities for student loan forgiveness might...

The State of Student Debt Relief – Here’s what you should know
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The State of Student Debt Relief – Here’s what you should know

Applicants who filled out the Biden Administration’s debt relief application in early October have now begun receiving emails confirming their eligibility status. The intention behind the debt relief plan was to provide aid to offset student debt. Since 1980, the cost of four-year public and private college has tripled, making it harder than ever before...

Unpacking Biden’s Student Loan Forgiveness Plan
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Unpacking Biden’s Student Loan Forgiveness Plan

The Biden Administration recently announced that they will cancel $10,000 in federal student loan debt for low-to-middle income borrowers. This unprecedented move places student loan borrowers in a better position to recover from financial hardship introduced by the COVID-19 pandemic. For many individuals, a college education is their ticket to the middle class. Unfortunately, the...