Thursday, May 16, 2024

Biden-Harris Administration Allows Borrowers More Time to Consolidate Loans to Get Credit for Progress Toward Loan Forgiveness Programs

The Biden-Harris Administration today announced an update on the timing of the payment count adjustment. This administrative fix ensures borrowers get proper credit for progress borrowers made toward income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF). The payment count adjustment is now anticipated to be fully implemented in September 2024. At that time, borrowers with Direct Loans or Federal Family Education Loan (FFEL) Program loans held by the U.S.

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Lori Chavez-DeRemer out as US labour secretary

Lori Chavez-Deremer's tenure leading the department was overshadowed by allegations of wrongdoing. from BBC News https://ift.tt/iSZWtR...