Loan rehabilitation is one way to get your student loan out of default. Under a loan rehabilitation agreement, you make nine consecutive payments that are based on your income to …| Student Loan Borrowers Assistance
On July 4th, President Donald Trump signed the One Big Beautiful Bill (“Big Bill”) into law. The biggest changes for borrowers include new limits on how much they can borrow …| Student Loan Borrowers Assistance
On May 5, 2025, the federal government restarted collections on federal student loans that are in default. That means if you haven’t made a payment on your federal student loans …| Student Loan Borrowers Assistance
In January, we shared that the Department of Education had added important new information to studentaid.gov showing borrowers their progress toward being debt-free through Income-Driven Repayment (IDR) plans. As we […] The post Screenshot Your IDR Progress Today appeared first on Student Loan Borrowers Assistance.| Student Loan Borrowers Assistance
This week, the Department of Education announced that it plans to begin forced collection on federal student loans that are in default as soon as May 5, 2025. That means …| Student Loan Borrowers Assistance
On March 26, 2025, the Department of Education reopened the online application for Income-Driven Repayment (IDR) plans for federal student loan borrowers. Borrowers can now apply to enroll in, switch […] The post IDR Application is Back Up appeared first on Student Loan Borrowers Assistance.| Student Loan Borrowers Assistance
For more information on the February court order issued in a lawsuit challenging the SAVE plan, see Part 1 here. Lawsuits brought by several states challenging the SAVE Plan have […] The post PART 2: The Current Impact on Borrowers of Lawsuits Challenging the SAVE Plan and the Removal of IDR Applications appeared first on Student Loan Borrowers Assistance.| Student Loan Borrowers Assistance
This blog post explains the legal implications of recent court orders in ongoing lawsuits challenging the SAVE plan. For what this means for borrowers, see Part 2 here. Last spring, …| Student Loan Borrowers Assistance
On January 16, 2025, the U.S. Department of Education announced that federal student loan borrowers can now, for the first time, see how many months of progress they have toward …| Student Loan Borrowers Assistance
On December 20, 2024, the Department of Education announced that it is temporarily pausing the processing of Total and Permanent Disability (TPD) discharge applications. The TPD processing pause will last …| Student Loan Borrowers Assistance
Last spring, Missouri and several other states filed lawsuits challenging the U.S. Department of Education’s efforts to reduce student loan burdens through the new SAVE repayment plan. These lawsuits are …| Student Loan Borrowers Assistance
A loan servicer is a company that the loan holder or owner hires to handle the billing and other services on your student loans. Your loan servicer will work with …| Student Loan Borrowers Assistance
Overview The Department of Education is temporarily pausing processing of PSLF applications & forms Recently, the Department of Education announced that it is temporarily pausing the processing of all Public …| Student Loan Borrowers Assistance