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Additionally, any months that borrowers spend in administrative forbearance will count as progress toward Public Service Loan Forgiveness or income-driven repayment forgiveness. The Department’s action will ensure that borrowers are not harmed by these servicer errors and that servicers are held accountable for their actions.
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Department of Education releases new state-by-state numbers showing the effect of four major discharge program proposals for the 4 million borrowers who have already been approved for relief The Biden-Harris Administration today released initial details of a new set of plans that would provide student debt relief for tens of millions of ...
The U.S. Department of Education (Department) office of Federal Student Aid (FSA) today announced a $37.7 million fine against Grand Canyon University (GCU), which disbursed the most federal student aid of all participating institutions for the past four award years. An FSA investigation found GCU lied to more than 7,500 former and current ...
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