Student Loan Forgiveness

The Income-Contingent, or Income-Based Repayment Plans qualify you for loan forgiveness after 25 years of on-time payments. Forgiveness based on 20 or 25 years of on-time payments is only available to Federal Student loans. Private student loans do not qualify.

Source: debt.org

Biden Administration to Forgive $116.6 Billion in Student Loans

Biden Administration to Forgive $116.6 Billion in Student Loans
Biden Administration to Forgive $116.6 Billion in Student Loans
July 14, 2023  |  Loans

The Biden-Harris Administration is providing more than $116.6 billion in student loan forgiveness to 3.4 million borrowers. Get the Full Story Complete the form to...

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GOP Senators Move to Overturn Biden’s Student Loan Forgiveness
GOP Senators Move to Overturn Biden’s Student Loan Forgiveness
March 27, 2023  |  Legal & Regulation

Senate Republicans want to revoke the White House’s plan to forgive some student loans. Get the Full Story Complete the form to unlock this article...

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Student Loan Debt Jumps More Than 100 Percent In Last Decade
Student Loan Debt Jumps More Than 100 Percent In Last Decade
August 30, 2017  |  Debt

Student loan debt in the U.S. has jumped nearly 150 percent in the last decade, reaching an all-time high of $1.4 trillion, according to credit scoring...

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