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Student Loan Forgiveness Deadline Extended. You Have Until June 30 to Maximize Your Debt Relief

Posted on AllSides May 17th, 2024
From The Center

On May 15, the Department of Education extended the deadline to consolidate federal student loans to maximize your debt relief. If you’re eligible for student loan forgiveness under the White House’s new latest plan or an existing program, consolidating your federal loans could help you receive forgiveness sooner. You now have until June 30 to consolidate your loans into one new federal loan. Consolidating can help convert FFELP, Perkins and other non-Direct Loans into Direct Loans, which offer more debt relief benefits. And it can also streamline multiple loans with...

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