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President Joe Biden campaigned on canceling up to $10,000 in student loan debt per borrower, but federal student loan forgiveness legislation has proven difficult to enact. While widespread student loan cancellation may still be out of reach, the Department of Education has been able to approve $1.5 billion worth of student loan discharges through borrower defense to repayment.
Oct 4, 2021 | Fox BusinessNavient is pleased to work with the Department of Education and Maximus to provide a smooth transition to borrowers and Navient employees as we continue our focus on areas outside of government student loan servicing.
Sep 30, 2021 | Fox BusinessPublic Service Loan Forgiveness is only available for federal Direct Loans. Note that if you consolidate multiple federal Direct Loans into one Direct Consolidation Loan, you lose credit for the payments you made on the old loans. You would need to make 120 qualifying payments on the new loan to be eligible for forgiveness.
Sep 27, 2021 | Fox BusinessTo help workers manage that debt, Morgan Stanley partnered with Credible, a digital lender marketplace, to provide student loan refinancing options through its platform.
Jan 1, 2019 | benefitnews.com