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Student Loans

Student loan SAVE plan: VERIFY Fact Sheet

Education

Parent PLUS loans can qualify for forgiveness if they’re consolidated

Parent PLUS loans can be forgiven under an income-contingent repayment plan or through public service loan forgiveness, but they must be consolidated first.
Student Loans

Yes, your student loans can be discharged in bankruptcy, but it’s not guaranteed

You have to prove your student loans are causing you undue hardship before the court will agree to discharge them in bankruptcy proceedings.
Student Loans

Qualified borrowers won’t have to do anything to get forgiveness from IDR adjustment

The Biden administration is automatically adjusting Income-Driven Repayment (IDR) plans and forgiving student debt of those who qualify because of the adjustment.
Student Loans

What the SCOTUS student loan forgiveness decisions means for borrowers: VERIFY Fact Sheet

VERIFY breaks down what borrowers need to know after the Supreme Court blocked Biden’s plan for one-time student loan forgiveness.
Student Loans

No, Supreme Court ruling does not eliminate other student loan forgiveness programs

The Supreme Court ruled against the Biden administration’s plan for one-time student loan forgiveness for most borrowers. But other forgiveness programs remain.
Student Loans

Yes, the average forgiven PPP loan is far more than $20,000 student loan relief

Posts online claimed the average forgiven PPP loan is much higher than $20K available in student loan forgiveness. That’s true – the difference is more than $50K.
Student Loans

Yes, the debt ceiling deal requires student loan payments to restart

Several VERIFY readers asked what the debt ceiling deal means for their student loan payments. Here’s what borrowers need to know.
Student Loans

What we can VERIFY about student loan forgiveness as SCOTUS weighs the plan

The future of student debt relief is currently in the hands of the Supreme Court. Here’s what we can VERIFY about loan forgiveness right now.
Student Loans

Yes, the Biden administration is extending the student loan payment pause

The pause will be extended through June 2023 or until legal challenges are resolved – whichever is sooner, the Biden administration said.
Student Loans

After a court ruling, President Biden's student loan forgiveness program has been closed

A district judge declared Biden’s debt relief plan to be unconstitutional in Brown v. Department of Education. The administration is appealing the decision.
Student Loans

Student loan forgiveness application no longer available after court decision

A district judge declared Biden’s debt relief plan to be unconstitutional in Brown v. Department of Education. The administration is appealing the decision.