Loan payment signifies the net payment produced by an agency to the holder of a student loan (after deducting any tax withholdings that may perhaps be made from the gross student loan repayment advantage credited to the employee). Consolidation into the Direct Loan program may permit borrowers with FFELP loans to take benefit of repayment plans or … Read More

A spokesman for the White Residence said the president was pleased that Republicans had failed to block his debt cancellation plan in the debt ceiling legislation. But the strategy was challenged in court as an illegal use of executive authority, and for the duration of oral arguments in February, several justices appeared skeptical of the program… Read More