Deadline to extend freeze on monthly repayments weeks away

THE deadline to extend the current freeze on student loan repayments is weeks away – here’s what to do if the debt payments resume in May. Regardless of the looming deadline, thousands of people across the US could see their debt wiped across the country. According to data from the U.S. Department of Education, more than 100,000 student loan borrowers will get debt forgiveness following new policy changes. A forgiveness program signed into law about 15 years ago allows nonprofit and government employees to have federal student loans nixed after 120 payments or 10 years, CNBC reports. New rules under… Read Full Article