This week, the Biden Administration announced a plan to cancel $7.4 billion in student loans for 277,000 borrowers. The U.S. Department of Education reports that Texans have the second-highest amount of student debt, behind Californians. 3.8 million students owe $33,400 on average. Fewer than 20% of Texas borrowers are on an income-driven repayment plan. Here’s
On Monday, President Joe Biden’s administration unveiled yet another student debt relief plan. It was the latest announcement from a presidency that will be remembered for student loan debt forgiveness, regardless of your place on the political spectrum. By this fall, more than 30 million people may benefit from the new proposals, which are supposed
It’s last call to consolidate your student loans and have a shot at getting your debt canceled. The U.S. Education Department set April 30 as the deadline for borrowers to consolidate federal student loans and get a one-time payment adjustment this summer. Consolidating debt could help anyone hurt by loan servicing failures receive credit for