An unpaid $1,250 student loan can become thousands more and land you in federal court
Federal student loan debt can't be written off in bankruptcy; long-term, unpai.....»»
The deadline to consolidate some student loans to receive forgiveness is here. Here’s what to know
Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan ca.....»»
How an unrelated Supreme Court decision could jeopardize Biden"s new student-loan forgiveness plan before it even goes into effect
While Biden's new student-loan forgiveness plan isn't set to go into effect until the fall, a separate Supreme Court decision could complicate things. US Pre.....»»
How Biden"s new student-loan forgiveness plan could be jeopardized before it even goes into effect
While Biden's new student-loan forgiveness plan isn't set to go into effect until the fall, a separate Supreme Court decision could complicate things. US Pre.....»»
When does interest resume on federal student loans?
Federal student loan payments have been paused since March 2020, but they’re set to resume on Sept. 1. Will .....»»
Biden administration taps Warren ally to lead Office of Federal Student Aid, a promising sign for efforts to wipe out student debt
Sen. Warren, who pushed for his appointment, said he would "apply his fearlessness and expertise to protecting student loan borrowers." John Minchillo/ AP Richard Cordray, former head of the CFPB, is set t.....»»
Student-loan borrowers are battling for relief even after Biden"s administration canceled $2.3 billion: "We were taken advantage of"
One borrower said Trump's Education Department forgave his federal loans, but at a 0% rate. He's waiting to hear from the Biden a.....»»
: 1 million borrowers ‘ignored by Washington’ now eligible for COVID-related pause on student debt and collections
Millions of federal student-loan borrowers are still ineligible for COVID-19 era relief......»»
Relief extended to more than 1 million borrowers with privately-held student loans
The federal government has extended its pause on student loan payments to those who have defaulted on student loans held by private lenders, an action meant .....»»
Only 32 student loan borrowers - ever - have qualified for full forgiveness through an income-driven repayment plan
Federal repayment programs were first introduced over two decades ago, but only 32 student loan borrowers have qualified for full forgiveness in the history of the program. "Our student loan system is broken," Sen. Elizabeth Warren, who supports .....»»
The COVID-19 relief package includes a hidden benefit for student-loan borrowers that could save thousands in tax payments on loans that have been forgiven
The COVID-19 relief package includes a hidden benefit for student-loan borrowers that could save thousands in tax payments on loans that have been forgiven.....»»
The COVID relief package includes a hidden benefit for student loan borrowers that could save thousands in tax payments on loans that have been forgiven
The Student Loan Tax Relief Act is making its way th.....»»
: Student loan servicer Navient illegally deceived borrowers, judge finds
Borrowers and their parents and grandparents were among those who suffered when Navient violated a state consumer protection law, the court ruled......»»
A quarter of Americans support forgiving all federal student-loan debt
President Joe Biden has thrown his support behind $10,000 in student loan forgiveness. But a quarter of Americans want it all forgiven. Student-loan debt reached a national high of $1.5 trillion in 2019. Boston Globe/Getty Images Demo.....»»
Biden dismisses a Democratic plan to wipe out $50,000 in federal student loan debt
Biden rejected a Democratic proposal unveile.....»»
Fifth Third Bank sues recycler Recleim over $13M unpaid debt
Cincinnati, Ohio-based Fifth Third seeks in a complaint filed Jan. 14 in federal court in Atlanta to have the court appoint a receiver to run Recleim......»»
Supreme Court rules insurers such as now-gone Land of Lincoln entitled to $12B in Obamacare risk payments
By an 8-1 vote, the Supreme Court has ruled that insurance companies can collect $12 billion from the federal government to cover their losses in the early years of the health care law cha.....»»
Investors to challenge Neiman Marcus bankruptcy loan, push for sale
The company is preparing to seek bankruptcy protection in a Dallas federal court as soon as Monday.....»»
"Please don"t make extra payments right now": A student-loan expert begs federal borrowers to avoid a costly mistake during the pandemic
Spencer Platt/Getty Federal, direct student loans are automatically in forbearance due to the coronavirus pandemic,.....»»
Wells Fargo sued over SBA PPP loan processing
Wells Fargo & Co. is being sued by two California companies over how it prioritized processing loan applications for the U.S. Small Business Administration's Paycheck Protection Program. The suit by the two companies, filed in federal court in Los Angeles.....»»