Education Headlines

Student loans set to resume for tens of thousands of San Antonians who previously applied for forgiveness

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

Federal student loan borrowers will have to resume payments in October, including thousands of San Antonians who applied for student loan debt forgiveness before the Supreme Court rejected President Joe Biden’s initial loan program that would have wiped the slate clean for many borrowers.

The digital financial network company analyzed data from the U.S. Department of Education and found that 1,389,100 Texans had already been approved for an estimated $18.1 billion in student debt relief - equating to roughly $13,000 in forgiveness per borrower - prior to the Supreme Court striking down Biden’s forgiveness plan.Biden’s administration is currently working on a new debt relief program.

, it will not be clear for quite some time exactly when a new program will be finalized and available for borrowers to apply for student loan forgiveness.website notes that the Biden administration is “developing a new debt relief program through a process called negotiated rulemaking. This process will take time, and you will be required to make payments in the meantime.”Editor’s note: The video attached to this article is from a previous report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 442. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Federal student loan borrowers expected to pay after pause from COVIDFederal student loan borrowers are to resume making payments starting October 1st. CBS News Business Analyst Jill Schlesinger tells us how to prepare and notes Joe Biden’s SAVE plan. (09-27-23)
Source: KPIXtv - 🏆 443. / 53 Read more »

What borrowers need to know as federal student loan repayments resumeCBS News business analyst Jill Schlesinger joins 'CBS Mornings' to talk about what borrowers need to know before federal student loan repayments start back up in October.
Source: CBSNews - 🏆 87. / 68 Read more »

Fight between two students ends with one trying to stab the other with pencilThe 17-year-old student tried, but failed, to stab the other student with a pencil.
Source: KENS5 - 🏆 608. / 51 Read more »

San Antonio-area high school student arrested for trying to take officer's gunThe 17-year-old is also accused of trying to stab another student with a pencil.
Source: SAcurrent - 🏆 607. / 51 Read more »