On Wednesday, the Biden administration confirmed that 100,000 student loan borrowers had been recognized as being eligible for $6.2 billion in loan forgiveness under a new, expanded program for borrowers working in public service careers. The declaration aligns with the ...

On Wednesday, the Education Department confirmed a major revamp of the federal student loan servicing system. They outsource the management of its vast federal student loan portfolio to several third-party companies known as student loan servicers. Student loan servicers  The ...