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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.....»»

Category: topSource: businessinsiderMay 3rd, 2021

Biden dismisses a Democratic plan to wipe out $50,000 in federal student-loan debt

Presi.....»»

Category: topSource: businessinsiderFeb 17th, 2021

Biden dismisses a Democratic plan to wipe out $50,000 in federal student loan debt

Biden rejected a Democratic proposal unveile.....»»

Category: topSource: businessinsiderFeb 17th, 2021

Biden has promised to extend the pause on student-loan payments during his first day in office. Here are other steps the new administration could take for student-debt relief.

President-elect Joe Biden promises to act on student loan debt on his first day, but questions remain on his timeframe for debt forgivene.....»»

Category: personnelSource: nytJan 14th, 2021

In One Chart: Cancel student debt? This chart breaks down who owes what

As calls for student debt forgiveness ramp up ahead of a Biden administration, this chart shows who owes the most in federal student loans......»»

Category: topSource: marketwatchDec 15th, 2020

Biden"s new student-loan forgiveness plan just began its 30-day public comment period — and anyone can tell the administration what they think of the relief

The draft text for Biden's new student-debt cancellation plan is out, and anyone in the public can provide input on what the relief shou.....»»

Category: smallbizSource: nytApr 17th, 2024

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.....»»

Category: worldSource: nytApr 17th, 2021

: Biden administration to cancel $1 billion in student-loan debt held by scammed borrowers

Borrowers who requested loan forgiveness but got only partial relief under former Secretary of Education Betsy DeVos will have their debts wiped away......»»

Category: topSource: marketwatchMar 19th, 2021

Personal Finance Daily: A ray of hope for people worried they missed a valuable tax break and Biden administration to cancel student debt held by scammed borrowers

Thursday's top personal finance stories.....»»

Category: topSource: marketwatchMar 18th, 2021

: DeVos appointee who oversaw America’s student loans resigns — Biden education secretary pledges to ease student-debt burden

Mark Brown's resignation came after calls for new leadership from Senator Elizabeth Warren and borrower advocates......»»

Category: topSource: marketwatchMar 7th, 2021

: DeVos appointee who oversaw America’s student-loans resigns — Biden education secretary pledges to ease student-debt burden

Mark Brown's resignation came after calls for new leadership from Senator Elizabeth Warren and borrower advocates......»»

Category: topSource: marketwatchMar 7th, 2021

: DeVos appointee who oversaw America’s student-loan portfolio resigns as Biden education secretary pledges to ease student-debt burden

Mark Brown's resignation came after calls for new leadership from Senator Elizabeth Warren and borrower advocates......»»

Category: topSource: marketwatchMar 6th, 2021

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.....»»

Category: personnelSource: nytFeb 24th, 2021

See how debt stacks up for graduates of Ohio State, other Central Ohio colleges

Student debt forgiveness, which has been discussed as among the top priorities of the new Biden Administration, would have a big impact on borrowers from Ohio colleges, who graduated with an average debt of $29,886 in 2019......»»

Category: topSource: bizjournalsFeb 7th, 2021

How Biden Wants to Trim a Mountain of Student Debt

Among the economic issues facing the new Biden administration is how to help alleviate the weight of $1.7 trillion in student debt, a figure that had ballooned from $1 trillion in 2012. All but about $100 billion of that money is owed to the fe.....»»

Category: topSource: washpostJan 26th, 2021

: Under President Biden, expect more aggressive oversight of the student-loan industry

The Biden administration will enlist the Consumer Financial Protection Bureau to tackle student-debt problems......»»

Category: topSource: marketwatchJan 21st, 2021

Sen. Bernie Sanders says Democrats don"t need GOP support to approve $2,000 stimulus checks and cancel student debt

"Failure to adequately respond to the economic desperation in America today will undermine the Biden administration," Sanders wrote in a CNN op-ed. Sen. Bernie Sanders (I-VT). Liz Ly.....»»

Category: worldSource: nytJan 21st, 2021

Former UCSF dean David Kessler named to lead federal vaccine efforts under Biden

He is one of a number of notable Biden administration officials specializing in health care with strong ties to the Bay Area......»»

Category: topSource: bizjournalsJan 15th, 2021

: Biden administration to extend student loan payment pause on Day 1, transition officials say

The freeze was originally set to expire on Jan. 31 — 11 days after Biden takes office......»»

Category: topSource: marketwatchJan 9th, 2021

: Biden administration to extend student loan payment pause on day one, transition officials say

The freeze was originally set to expire on Jan. 31, 11 days after Biden takes office.....»»

Category: topSource: marketwatchJan 8th, 2021

"Sugar Daddy" Business Thrives As More Co-Eds Sign Up To Pay Off Student Debt

Authored by Christian Schneider via The College Fix, Congress continues to put pressure on websites that appear to aid in the solicitation of sex work President Donald Trump’s administration is partly responsible for a new wave of.....»»

Category: blogSource: zerohedgeJul 11th, 2019