News & Updates
U.S. Department Of Education Extends Covid-19 Student Loan Forbearance Through August 29th, 2023 Or A Sooner Date To Be Determined
Covid Student Loan Pause On Tuesday, November 22, 2022, the U.S. Department of Education announced an extension of the Covid-19 student loan payment pause, which was previously scheduled to end on December 31, 2022. This extension allows Direct student loan borrowers to: Covid Student Loan Pause Whe
Department of Education is Currently Cancelling Debts for Borrower Defense to Repayment
Borrower Defense to Repayment: Department of Education Cancelling Student Loan Debt On Wednesday, November 16, 2022, the United States District Court for the Northern District of California approved a settlement regarding Borrower Defense to Repayment. This lawsuit, originally filed as Theresa Sweet
Blanket Student Loan Forgiveness Vacated By United States District Court For The Northern District Of Texas
Blanket Student Loan Forgiveness Vacated by U.S. District Court On Thursday, November 10, 2022, the United States District Court for the Northern District of Texas declared the blanket student loan forgiveness program unlawful and vacated the program. This ruling, issued by United States District Ju
Blanket Student Loan Forgiveness Blocked By 8th Circuit U.S. Federal Appeals Court
Blanket Student Loan Forgiveness Blocked by 8th Circuit Court On Friday, October 21st, 2022, the 8th Circuit U.S. Court of Appeals granted an administrative stay to the blanket student loan forgiveness proposal, which was set to begin forgiving student loan debt balances on Sunday, October 23rd, 202
Imminent Blanket Student Loan Forgiveness
Imminent Blanket Student Loan Forgiveness Begins Imminent blanket student loan forgiveness is finally rolling out for millions of federal student loan borrowers across the United States. Over the last few weeks, the process of forgiving $10,000 or $20,000 in federal student loan debt has moved forwa
BLANKET STUDENT LOAN FORGIVENESS ORDERED BY CURRENT PRESIDENTIAL ADMINISTRATION
The current presidential administration has announced plans to cancel up to $10,000 or $20,000 for each federal student loan borrower. Borrowers are eligible for student debt relief if they make less than $125,000 a year as an individual. The announcement was made by the President of the United Stat
STUDENT LOAN POLICY RELATED TO FORGIVENESS UPDATE
Application Currently Closed By The U.S. Department of Education: https://studentaid.gov/debt-relief/application Due to the unprecedented amount of changes recently to several areas of student loan policy related to forgiveness, Hope Credit will be providing periodic updates to the various student l
Why Is Student Debt A Problem
Why Is Student Debt a Problem? Understanding the Student Loan Crisis in America Why Is Student Debt a Problem? The U.S. economy is facing increasing financial pressure due to global events. These international issues are impacting Americans in every state—especially younger generations trying to imp
Public Employee Student Loan Forgiveness
Public employee student loan forgiveness is a powerful benefit for those who work in government or nonprofit roles. If you’re employed in public service and carry federal student loan debt, you may qualify for full loan forgiveness through the Public Service Loan Forgiveness (PSLF) program. This art