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Yes, the Biden administration is extending the student loan payment pause

Student Loans

Yes, the Biden administration is extending the student loan payment pause

Student Loans

After a court ruling, President Biden's student loan forgiveness program has been closed

A district judge declared Biden’s debt relief plan to be unconstitutional in Brown v. Department of Education. The administration is appealing the decision.
Student Loans

Student loan forgiveness application no longer available after court decision

A district judge declared Biden’s debt relief plan to be unconstitutional in Brown v. Department of Education. The administration is appealing the decision.
Student Loans

Official student loan forgiveness application opened, has since closed

The online application form for widespread student debt relief was open for about a month. Borrowers have until Dec. 31, 2023 to fill it out when it reopens.
Student Loans

Yes, a court order paused Biden’s student loan forgiveness program

Although people who qualify for forgiveness can still apply, the Department of Education can’t cancel any debt while an appeals court considers a legal challenge.
Student Loans

No need to reapply for loan forgiveness now that it is official if you applied in the beta version

While the official student debt relief site launched on Oct. 17, any borrower who applied during the beta launch will not have to reapply to receive forgiveness
Student Loans

Yes, some federal student loan borrowers will need to apply for debt forgiveness

Some federal student loan borrowers will need to fill out a “simple application” for debt forgiveness if the Department of Education doesn’t have their income data.
Student Loans

Yes, a change to the student loan forgiveness plan excludes some borrowers from relief

Some borrowers with privately held federal student loans are no longer eligible for debt relief if they didn’t apply to consolidate them before Sept. 29, 2022.
Student Loans

Some borrowers are excluded from a change in the student loan forgiveness plan

Some borrowers with privately held federal student loans are no longer eligible for debt relief if they didn’t apply to consolidate them before Sept. 29, 2022.
Student Loans

Fast Facts about how student debt relief will be applied for borrowers with multiple loans

If you have multiple student loans, the Department of Education determines how relief is applied. Here are the loans that will be forgiven first.
Student Loans

5 ways to spot a student loan forgiveness scam

Reports of scammers claiming to offer student loan forgiveness are on the rise after Biden’s student debt relief announcement. Here’s what to look out for.
Education

You won’t have to pay federal taxes on student debt relief, but states could tax it as income

Many VERIFY readers asked if student loan forgiveness will be taxed. You won’t have to pay federal taxes on forgiven loans, but states could tax it as income.

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Fort Smith/Fayetteville News | 5newsonline KFSM 5NEWS | Get the local news and weather where you live from 5NEWS. Covering Fort Smith, Fayetteville, Bentonville, and all of Northwest Arkansas and the River Valley.

Yes, the Biden administration is extending the student loan payment pause

After a court ruling, President Biden's student loan forgiveness program has been closed

Student loan forgiveness application no longer available after court decision

Official student loan forgiveness application opened, has since closed

Yes, a court order paused Biden’s student loan forgiveness program

No need to reapply for loan forgiveness now that it is official if you applied in the beta version

Yes, some federal student loan borrowers will need to apply for debt forgiveness

Yes, a change to the student loan forgiveness plan excludes some borrowers from relief

Some borrowers are excluded from a change in the student loan forgiveness plan

Fast Facts about how student debt relief will be applied for borrowers with multiple loans

5 ways to spot a student loan forgiveness scam

You won’t have to pay federal taxes on student debt relief, but states could tax it as income

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