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PublishedApril 16, 2024
Biden’s latest plan for student loan cancellation moves forward
The broadest forgiveness category would help borrowers who owe more than they originally borrowed because of runaway interest.
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PublishedApril 8, 2024
Biden promotes ‘life-changing’ student loan relief in Wisconsin as he tries to rally young voters
The plan is smaller and more targeted than Biden's original plan, which was killed by the Supreme Court last year.
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PublishedMarch 28, 2024
Republican states file lawsuit challenging Biden’s student loan repayment plan
In a federal lawsuit filed Thursday, 11 states led by Kansas argue that President Biden overstepped his authority in creating the SAVE Plan, which was made available to borrowers last year.
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PublishedFebruary 23, 2024
White House announces plan to cancel $5.3 million in student loan debt for 700 Mainers
The average debt relief in Maine is roughly $7,600 under the program to clear $1.2 billion in loans for 153,000 borrowers nationwide.
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PublishedJanuary 9, 2024
Opinion: Adopt these steps to relieve private student loan debt
Private student loans have few of the protections of government-issued loans. That has to change.
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PublishedJanuary 5, 2024
Biden administration cuts $2 million for student loan servicers after bungled return to repayment
The Education Department said Friday it will withhold payments from Aidvantage, EdFinancial and Nelnet for failing to meet their contractual obligations.
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PublishedOctober 21, 2023
Maine, federal student loan programs offer relief, even if it’s confusing for borrowers
Since the pandemic pause on payments has ended, programs like Maine's Student Loan Repayment Tax Credit can offer some help, but many say navigating that and the federal options, while still getting notices from loan servicers, is often confusing.
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PublishedSeptember 30, 2023
Borrowers reassess their budgets as student loan payments resume after pandemic pause
Not yet clear is how millions of people suddenly having less discretionary income might affect the economy.
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PublishedAugust 18, 2023
Jared Golden criticized for vehemence of his opposition to student debt relief
Golden issued a controversial statement on the issue Friday that drew sharp retorts from those who favor student loan forgiveness.
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PublishedJuly 31, 2023
A Biden plan cuts student loan payments for millions to $0. Will it be the next legal battle?
This summer, millions of Americans with student loans will be able to apply for a new repayment plan that offers some of the most lenient terms ever.
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