News & Info

How To Access and Download your Federal Student Loans data file

How To Access and Download your Federal Student Loans data file There are many different reasons you may need to download your federal student loan data text file. Although the process may be a little...

US DOE Announces IDR Adjustment To Forgive 804,000 Borrowers Due To Time In Repayment

What is the IDR Account Adjustment? A Multi-Step Approach to Fix Student Loan Repayment Tracking IDR Account Adjustment: On July 14th, 2023, the U.S. Department of Education announced the latest...

US SUPREME COURT RULES AGAINST DOE AUTHORITY TO IMPLEMENT BLANKET LOAN FORGIVENESS

Supreme Court Halts DOE Blanket Loan Forgiveness Court Halts DOE Forgiveness Court Halts DOE Forgiveness has sent shockwaves through the student loan community. On June 30th, 2023, the United...

Student Loan Covid Forbearance Ends As A Result Of Federal Budget And Debt Ceiling Compromise

Student Loan Forbearance Ends. Understanding Covid-19 On June 3rd, 2023, the President of the United States signed the Fiscal Responsibility Act of 2023 into law. This...

PSLF FORGIVENESS UPDATE: MOHELA IS SENDING APPROVAL LETTERS BY MAIL ONLY

Beginning Sunday January 1st, 2023 (which was a holiday), the student loan servicer responsible for facilitating the Public Service Loan Forgiveness program began sending notifications to successful...

U.S. DEPARTMENT OF EDUCATION CLARIFIES THE SENDING OF ERRONEOUS FORGIVENESS APPROVAL MASS EMAILS TO STUDENT LOAN BORROWERS, BLAMES “VENDOR ERROR”

Beginning Tuesday November 22nd, 2022, more than 9 million student loan borrowers began receiving emails confirming the approval of their blanket student loan forgiveness applications, whether they...

U.S. SUPREME COURT AGREES TO HEAR TWO FORGIVENESS LAWSUITS IN FEBRUARY, RULING BY JUNE

On Monday December 12th, 2022 the U.S. Supreme Court has agreed to review both challenges to the blanket forgiveness plan that is currently blocked by the lower federal courts. Oral arguments have...

Department Of Education Is Emailing Approval Letters For $10K and $20K With Forgiveness Still Blocked

On Tuesday November 22nd, 2022 federal student loan borrowers began receiving emails from the Department of Education entitled “Update on Student Loan Debt Relief and the Status of Your Application“...

U.S. DEPARTMENT OF EDUCATIONS EXTENDS COVID-19 STUDENT LOAN FORBEARANCE THROUGH AUGUST 29TH, 2023 OR A SOONER DATE TO BE DETERMINED

On Tuesday November 22nd, 2022 the U.S. Department of Education announced an extension of the Covid-19 student loan payment pause that was scheduled to end December 31, 2022. The extension means that...
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