Murphy Hokey Law

February 29, 2024

Pell Grant Recipients May Cancel Their Debts Through SAVE Plan

Pell Grant recipients may cancel their debts through SAVE Plan. (Photo: Saving For College)

Pell Grant recipients may find relief in the implementation of the SAVE Plan.   Pell Grant Recipients Cancellation Of Debts The Biden Administration has announced a new student debt relief plan called the SAVE plan, which provides financial assistance to qualified individuals who may not have initially qualified for relief and may enable Pell Grant […]

The Resuming Of Federal Student Loan Payments And Other Things Borrowers Need To Know

Federal student loan payments

What borrowers need to know as federal student loan payments resume soon. The Resume Of Federal Student Loan Payments Federal student loan payments are set to resume after a 42-month pause, and borrowers in Florida need to prepare for the changes. The Biden administration has introduced the Saving on A Valuable Education (SAVE) Plan, an […]

Biden’s New SAVE Student Loan Repayment Plan Offers Substantial Relief to Borrowers

Biden's New SAVE plan

Saving On A Valuable Education (SAVE) Student Loan Repayment Plan Replaced The Revised Pay As You Earn (REPAYE) Program In a recent move, President Joe Biden’s administration introduced a groundbreaking income-driven student loan repayment plan, known as Saving on a Valuable Education (SAVE), aimed at providing much-needed relief to borrowers burdened by student loans. This […]