For student loan borrowers, relief is finally here – on Oct. 17, the Department of Education launched its student loan forgiveness application. The application comes just months after Biden announced that borrowers who have federal student loans will be eligible for up to $20,000 worth of forgiveness.

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WASHINGTON -- President Joe Biden on Monday officially launched the application for student loan relief, after the test version of the site went live this weekend -- a long-awaited first step to fulfilling one of his campaign promises just weeks before the ...

Hundreds of thousands of student loan borrowers are stuck in limbo as application delays for repayment and forgiveness programs grow, prompting a new push from U.S. Sen. Kirsten Gillibrand for federal action.

The Education Department released new data indicating that more than 643,000 student loan borrowers remain stuck in backlogs for repayment plans and loan forgiveness.

An income-driven repayment plan can offer you a more affordable student loan payment. But if you applied for an IDR plan before April 27, 2025, and your servicer is Mohela, you may need to resubmit an application. Mohela, one of the Department of Education ...