Web27 Sep 2024 · In 2024, Congress finally took action to allow borrowers to separate these loans. In June, the Joint Consolidation Loan Separation Act passed the Senate. Then, last … Web10 Apr 2024 · 7 Social Security Mistakes to Avoid. Not asking for help. Not accounting for longevity. Mistakes with spousal benefits. Not looking at the big picture. Ignoring paperwork. Not accounting for COLA ...

Spousal Student-Loan Borrowers Took

Web22 Apr 2024 · In 1992, Congress tried to address student loan default rates by creating a statute in the Higher Education Act that enabled married couples to consolidate their debt with their spouses.. Nearly 30 years later, lawmakers are trying to pass a new law to fix the unintended consequence of some of those borrowers being divorced and squabbling over … WebOn Oct. 11, 2024, the Joint Consolidation Loan Separation Act was signed into law to allow joint consolidation loan borrowers to separate their joint loan obligation into separate … family fixer

A student loan win for borrowers years in the making : NPR

Web7 Sep 2024 · The Department of Education (ED) posted more information about President Joe Biden’s student debt relief announcement, including updated information on eligible loans and other frequently asked questions. Last month, Biden announced he will cancel $10,000 for single borrowers making less than $125,000, or households earning less than … Web26 Sep 2024 · Last week, Congress passed a historic bill that would allow those with Spousal Consolidation Loans to split their loans between the couple. If signed by President Biden, this bill could... Web16 Jun 2024 · The proposed Joint Consolidation Loan Separation Act approved by the Senate on Wednesday would allow borrowers affected by spousal consolidation to … family fix car seat base