Personal statement describing the unforeseen hardship situation; address the letter to the USCIS; Describe the facts that led to the problem, explain the difficult situation that could not be avoided ...

The Education Department officially released proposed regulations last week for a new student loan forgiveness program tied ...

Goodwill letters are most effective when the late payment was an isolated incident caused by unforeseen circumstances, such as a financial hardship or medical emergency. Lenders do not have to respond ...

If you face persistent medical bills, family caregiving costs or other financial hardship, the Education Department wants to cancel your student loan debt. But don't count on it yet. Many ...

The Education Department revealed new details of the financial hardship proposal on Friday, Oct. 25, including eligibility criteria and how borrowers could apply for the relief. “For far too ...

The Department of Education unveiled text of a proposed rule Friday that would give the secretary of Education flexibility to cancel student debt if it’s causing a borrower financial hardship.

An estimated 8 million federal student loan borrowers experiencing financial hardship may be eligible to have their loans forgiven — some even automatically — if the regulation is finalized as ...