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 ...

If they see payments being made on time before and after the period of financial hardship, they might be more willing to ... If you’re writing a letter because the lateness noted on your credit report ...

This proposal brings us yet another step closer to the promised widespread debt relief, with a critical emphasis on financial hardship, ensuring that young adult borrowers are not a forgotten ...

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 ...

child care costs and other types of financial hardship that prevent them from repaying their loans. Announced Friday, the proposed rule is President Joe Biden’s third attempt at student loan ...

Coronavirus hardship loans were one solution, but since many lenders have ended these programs, you'll have to look elsewhere for financial assistance ... 5.0/5 Circle with letter I in it.

The Education Department officially published proposed regulations last week for a new student loan forgiveness program tied to hardship ... and other financial hardships such as the impacts ...

For many high school seniors, the decision boils down to money—and that’s where financial aid award letters come in. Depending on your academic achievements and financial qualifications ...