01/26/21 EDIT: See President Biden’s Statement/Release: “At the request of President Biden, the Acting Secretary of Education will extend the pause on federal student loan payments and collections and keep the interest rate at 0%. Too many Americans are struggling…
On August 21, 2020, Secretary DeVos has “directed Federal Student Aid (FSA) to extend the student loan relief to borrowers initiated by the President and Secretary in March 2020 through December 31, 2020.” This means that borrowers will continue to…
UPDATE: see our latest post: http://www.holdfasttodreams.org/pslf-non-payments-count-for-trumps-executive-order/ President Donald Trump has issued an executive order today (August 8, 2020; see https://www.whitehouse.gov/presidential-actions/memorandum-continued-student-loan-payment-relief-covid-19-pandemic/) which has extended the previous student loan relief issued on March 20, 2020. The executive order will: “[P]rovide such deferments…
White House Fact Sheet on the Proposal (see text below): http://www.whitehouse.gov/the-press-office/2014/06/09/factsheet-making-student-loans-more-affordable Presidential Memorandum (see text below): http://www.whitehouse.gov/the-press-office/2014/06/09/presidential-memorandum-federal-student-loan-repayments VIDEO (see transcript below): http://www.whitehouse.gov/photos-and-video/video/2014/06/09/president-obama-speaks-student-loan-debt FACTSHEET: Making Student Loans More Affordable President Obama declared 2014 a year of action – vowing to use…
UPDATE (June 9, 2014): http://www.holdfasttodreams.org/obamas-monday-june-9-2014-announcement/ When’s the announcement? Monday, June 9, 2014 at a 1:45 p.m. event. Remarks of President Barack Obama from The White House Weekly Address (June 7, 2014) “I’ve taken action on my own to offer millions…