The "Fresh Start" Program Helps Student Loan Borrowers Get Out of Default. Do You Qualify?
Approximately 7.5 million student loan borrowers are in default, according to the Department of Education. If you're one of them, I don't have to tell you about the toll this takes -- no access to further student aid and relief programs, a negative mark on your credit report, and the stress of knowing you've got less help. But a new government initiative could give you some hope.
The Department of Education has launched its Fresh Start program, which is available to many student loan borrowers in default. But it's a limited-time offer: You must apply by September 2024 to take full advantage of its benefits. Here's what you need to know.
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Source Fool.com
