Loan Forgiveness

What Is Loan Forgiveness and Who Qualifies for It?

ByDhruvi Bajariya

Loan forgiveness helps federal student loan borrowers by wiping out part or all of their debt. It’s for those who work in public service, face financial hardship, or attend certain schools. This can be a big help for those who meet the rules. The Biden administration wants to make loan forgiveness easier and more helpful….

subsidized loan

What Is A Subsidized Loan And What Are The Limits On Borrowing?

ByDhruvi Bajariya

Subsidized loans are a type of federal student loan for undergraduate students who need financial help. They have big benefits. The government pays the interest while you’re in school or during a six-month grace period after graduation. This makes them cheaper than unsubsidized loans for students needing financial aid. To get a subsidized loan, you…