By Karen Stokes The Department of Education released its proposed rule updating its Income Driven Repayment program to make student loan payments more manageable for borrowers moving forward. “We’re doing this because we have to get a handle on the issue that we’ve seen for decades, college costs going up, financial aid going down and […]
Biden Student Loan Relief Plan Benefits Borrowers in all Fifty States, Washington, D.C., and Puerto Rico
The Biden administration forecasts that over 40 million borrowers are eligible for its student loan relief plan all across the country. “President Biden believes that education is supposed to help people climb the economic ladder but more than often debt becomes the anchor that weighs them down. That’s why he proposed this plan,” said James […]