The court said every borrower, irrespective of the outstanding loan, will be eligible for the compound interest waiver for the March-April period

The U. S. Department of Education announced on March 30, 2021 that it will extend the payment pause and interest waiver to additional borrowers whose federal loans were made under the Federal Family Education Loan (FFEL) program.

The Biden administration today announced an expansion of emergency student loan relief that could protect hundreds of thousands of student loan borrowers from collections efforts. Here’s what you should know.

The Biden administration this week is taking steps to provide additional student loan relief that could impact hundreds of thousands of borrowers. But student loan borrowers and advocates say it’s not enough.

Today, the Department of Education announced it will halt collections on more than 1.1 million student borrowers in default with loans under the old banked-based federal student lending system.

CAG report on management of department assets during 2017-18