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  2. Lawsuit filed to stop new student loan income-driven ... - AOL

    www.aol.com/lifestyle/lawsuit-filed-stop-student...

    The New Civil Liberties Alliance (NCLA) filed a lawsuit Friday against the Biden administration’s new student loan income-driven repayment (IDR) plan. The lawsuit comes after the Department of ...

  3. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/wiki/Public_Service_Loan...

    The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [ 1]

  4. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  5. Student loan wage garnishment: How defaulting could ... - AOL

    www.aol.com/finance/student-loan-wage...

    Private student loans generally go into default after three months of missed payments, though this can vary. Unlike federal student loans, a loan lender must get permission from a court to garnish ...

  6. Student Loan Forgiveness Is on Hold. Here’s What to Expect.

    www.aol.com/student-loan-forgiveness-hold-expect...

    November 15, 2022 at 2:05 PM. Since the online form for one-time federal student loan forgiveness opened in mid-October, applications have been pouring in. The U.S. Department of Education ...

  7. Garnishment - Wikipedia

    en.wikipedia.org/wiki/Garnishment

    Garnishment. Garnishment is a legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff (the "garnishor") to take the money or property of the debtor from the person or institution that holds that property (the "garnishee"). [ 1] A similar legal mechanism called execution allows ...

  8. Student Loan Forgiveness: What To Do If You’ve Already Applied

    www.aol.com/finance/student-loan-forgiveness-ve...

    Even though borrowers have until Dec. 31, 2023, to apply for student loan forgiveness, many are not waiting to start the application process. By applying now, borrowers who received Federal Pell...

  9. StudentLoanJustice.org - Wikipedia

    en.wikipedia.org/wiki/StudentLoanJustice.org

    StudentLoanJustice.org is a US grassroots organization founded in 2005 by Alan Collinge with the goal of reforming predatory lending practices in the American student loan industry. Purpose [ edit ] Specifically, the organization calls for the return of standard consumer protections to student loans, including bankruptcy protections and ...

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