Student Loan Programs
July 25, 2022Education Department Releases Proposed Regulations to Protect Veterans and Service Members, Increase College Oversight, and Increase College Access for Incarcerated Individuals
Today, the U.S. Department of Education (Department) released proposed regulations that would implement critical changes in the American Rescue Plan Act of 2021 that better protect veterans and service members from being subject to aggressive targeting practices by requiring private for-profit institutions to obtain at least 10 percent of revenue from non-federal sources.
June 23, 2022
U.S. Secretary of Education Miguel Cardona issued the following statement regarding today’s filing on Sweet v. Cardona:
June 1, 2022Education Department Approves $5.8 Billion Group Discharge to Cancel all Remaining Loans for 560,000 Borrowers who Attended Corinthian
Today, the U.S. Department of Education (Department) announced it will discharge all remaining federal student loans borrowed to attend any campus owned or operated by Corinthian Colleges Inc. (Corinthian) from its founding in 1995 through its closure in April 2015. This will result in 560,000 borrowers receiving $5.8 billion in full loan discharges.
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.
August 6, 2021New Negotiated Rulemaking Committee to Focus on Student Loans, Targeted Discharge and Forgiveness Authorities
Today the U.S.
May 24, 2021Department of Education’s Office of Postsecondary Education Announces Public Hearings on Protections for Students, Loan Repayment, Targeted Loan Cancellation Programs, and Other Higher Education Regulations
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.
May 7, 2021Secretary Cardona Holds Virtual Roundtable with Educators to Discuss the Public Service Loan Forgiveness Program
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.
April 2, 2021Secretary of Education Joins Senator Elizabeth Warren and Senator Chuck Schumer for a Roundtable Discussion With Student Loan Borrowers and Advocates
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.
January 13, 2017
The U.S. Department of Education (ED) announced today plans to grant borrower defense relief for federal student loan borrowers who attended the now-defunct American Career Institute (ACI) in Massachusetts.
January 31, 2013
Student loan interest payments are reported on the IRS Form 1098-E, Student Loan Interest Statement.
If you made federal student loan payments in 2022, you may be eligible to deduct a portion of the interest you paid on your 2022 federal tax return.