New Bankruptcy Rules Bring Hope to Federal Student Loan Borrowers
A new Department of Justice policy will make it significantly easier for federal borrowers to get bankruptcy relief on their student loans.
A new Department of Justice policy will make it significantly easier for federal borrowers to get bankruptcy relief on their student loans.
Losing in the Supreme Court would be a huge blow to student loan borrowers, but it wouldn’t mean the end of loan forgiveness.
Once again, federal student loan borrowers face an uncertain future. President Biden’s recently announced forgiveness program may not happen.
A Texas Judge has ruled the one-time student loan forgiveness program as unlawful. The decision seems shaky and is destined for an appeal.
Could another round of student loan forgiveness for all borrowers be coming? How long might it take?
After the initial excitement of student loan forgiveness or a refund, borrowers often worry about tax consequences.
Will borrowers provide honest information about their income? What happens if somebody lies to get forgiveness?
By focusing on political issues up until the last minute, the Biden administration overlooked and issue and hurt FFELP Borrowers.
Borrowers have over a year to submit their application, but waiting would be a huge and potentially expensive mistake.