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Now payments are scheduled to resume no later than 60 days immediately after June 30, 2023, giving time for the Supreme Court to contemplate the case. Alongside the query of the proper duration of the payment pause, the biden student loan forgiveness administration faced the larger political (and legal) query of whether to attempt to […]
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The vote to pass the legislation comes a day immediately after senators took a similarly close vote to proceed to the measure, which would repeal Biden’s debt relief plan and end the administration’s pause on federal student loan payments. A handful of moderate senators — Democrats Joe Manchin of West Virginia and Jon Tester of […]
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With private and unsubsidized federal loans, keep in thoughts that interest is nevertheless charged through your grace period and will be capitalized—added to the total amount you owe—after the grace period ends. To date, Biden has publicly said that he does not believe he has the legal authority to cancel student loans for all student […]
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