Student Loan Programs
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August 20, 2021
Today, the U.S. Department of Education announced that the office of Federal Student Aid (FSA) has retroactively waived interest on loans held by more than 47,000 current and former active-duty service members. This action was made possible by a data-matching agreement with the U.S.
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August 9, 2021
Today, the U.S. Department of Education (Department) released a new legal interpretation that revises and clarifies its position on the legality of state laws and regulations that govern various aspects of the servicing of federal student loans. This action will help states enforce borrower bills of rights or other similar laws to address issues with servicing of federal student loans.
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August 6, 2021
WASHINGTON – Today, the U.S. Department of Education (Department) announced a final extension of the pause on student loan repayment, interest, and collections until January 31, 2022. The Department believes this additional time and a definitive end date will allow borrowers to plan for the resumption of payments and reduce the risk of delinquency and defaults after restart.
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August 6, 2021
Today the U.S.
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June 14, 2021
Today, Federal Student Aid (FSA) released two new sets of quarterly portfolio reports on its Data Center website with key data and other information about federal student aid programs as of December 31, 2020 and March 31, 2021.
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May 24, 2021
The U.S. Department of Education’s Office of Postsecondary Education announced today that it will hold virtual public hearings on June 21, 23, and 24 to receive stakeholder feedback on potential issues for future rulemaking sessions.
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May 7, 2021
This afternoon, U.S. Education Secretary Miguel Cardona held a virtual roundtable to discuss the Public Service Loan Forgiveness (PSLF) program with educators who have student loans and are participating in the program.
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April 2, 2021
Today, Secretary Cardona joined a roundtable discussion alongside Senate Majority Leader Chuck Schumer and Senator Elizabeth Warren to listen as student loan borrowers and advocates shared their stories about the impact student loan debt has had on their lives.
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March 30, 2021Today, the U.S. Department of Education (Department) announced an expansion of the pause on federal student loan interest and collections to all defaulted loans in the Federal Family Education Loan (FFEL) Program. This action will help more than one million additional borrowers burdened by debt during the COVID-19 emergency.
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March 18, 2021
Today, the U.S. Department of Education (Department) announced it will streamline debt relief determinations for borrowers with claims approved to date that their institution engaged in certain misconduct.