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President Biden Extends Suspension of Student Loan Payments

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 more »

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Posted in blog, COVID-19

PSLF Non-Payments Count for Trump’s Executive Order

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 more »

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Posted in blog, COVID-19

Trump Executive Order

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 more »

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Posted in blog, COVID-19

Obama’s Monday June 9, 2014 Announcement: Signs Presidential Memorandum for PAYE

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 more »

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Obama to Expand Student Loan Relief with Executive Order & Endorse Bill Proposed by Sen. Elizabeth Warren (D-Mass)

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 more »

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