Monthly Archives: August 2021

Automatic Interest Waiver for Service Members

Posted on August 20, 2021 by askHFTD

It looks like we have another announcement coming in! On August 20, 2021, the Department of Education made another beneficial announcement for service members: automatic interest waivers. Previously, service members would have to actually apply for the interest waiver, but…

Tagged with: department of education, Interest Waiver
Posted in blog

Disability Student Loan Discharges

Posted on August 20, 2021 by askHFTD

On August 19, 2021, the US Department of Education announced that it will automatically wipe out (discharge) student loans of borrowers with total and permanent disability (TPD). This will benefit around 323,000 borrowers beginning in September 2021 via matching to…

Tagged with: department of education, Discharge, total and permanent disability, TPD
Posted in blog

COVID-19 Student Loan Repayment Pause Extended Until January 31, 2022

Posted on August 6, 2021 by askHFTD

Today, August 6, 2021, President Biden announced the pause on federal student loan repayments “one final time until January 31, 2022.” The key words may be “one final time,” so borrowers should plan accordingly. Biden’s statement reasons that this gives…

Posted in blog, COVID-19

PSLF Complaints & Comments

Posted on August 1, 2021 by askHFTD

The Department of Education is asking for your help on how to improve PSLF. They want your comments about COVID-19 affecting PSLF and how they can improve PSLF for you. Specifically, they want to know: Public Service & Student Debt…

Posted in blog, COVID-19