This Chapter Summary explains how older borrowers can prepare for when the federal student loan repayment pause ends. This Chapter Summary accompanies a presentation Kyra Taylor, Abby Shafroth, and Alpha Taylor did for the National Center on Law and Elder Rights on March 28, 2023.
Published 12/12/2022; Updated 3/7/23 A new Guidance from the Department of Justice (Department), issued in coordination with the Department of Education (Education), has the potential to change bankruptcy practice dramatically. Until now, attorneys have not thought of bankruptcy as a way to help clients struggling with student loan debt. If the Guidance is implemented as…
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On August 24, 2022, President Biden announced widespread student debt cancellation. If you received a Pell grant, you may be able to get up to $20,000 in your loans canceled. If you didn’t receive a Pell grant, you may still be able to get up to $10,000 in loans canceled.
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