Education Dept. Cancels Plan for New Student Loan System
Legal challenges forced the agency to scrap bids for a new website and other tech changes aimed at simplifying the repayment process for millions of borrowers......»»
Education Dept. cancels $10.8 million in student-loan debt for students at shuttered schools
The loan cancellation might not cancel a lawsuit though......»»
Biden"s Education Secretary just canceled $1 billion of student-loan debt for about 72,000 defrauded borrowers
Miguel Cardona's first major act reverses a Trump-era policy, providing about $1 billion of cancelation for student loans related to fraud. Supachok Pichetkul / EyeEm/Getty Images The Dept. of Education just said it's canceling de.....»»
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 .....»»
Trump education official to resign, call for loan forgiveness
A senior student-loan official in the Trump administration said he would resign Thursday and endorse canceling most of the nation’s outstanding student debt, calling the student-loan system “fundamentally broken.â€.....»»
Trump education official to resign, call for loan forgiveness
A senior student-loan official in the Trump administration said he would resign Thursday and endorse canceling most of the nation’s outstanding student debt, calling the student-loan system “fundamentally broken.â€.....»»
Treasury Dept. says student-debt crisis is so bad that financial education should be mandatory for college students
The recommendation comes as students loan borrowers cope with $1.5 trillion in debt......»»
How to fix the bankruptcy system for student loan borrowers
Experts offered suggestions to the Department of Education......»»
Watchdog says Education Dept. stonewalls student loan suit
A fight between two federal agencies over a lawsuit could leave student loan borrowers in the lurch......»»
Student loan company Navient used deceptive practices, Dept. of Education audit suggests - USA TODAY
USA TODAYStudent loan company Navient used deceptive practices, Dept. of Education audit suggestsUSA TODAYNEW YORK (AP) — One.....»»
Department of Education Cancels $150 Million in Student Loan Debt
For 15,000 borrowers whose colleges closed between 2013 and 2018. Thousands of Americans will have their student loan debt canceled, the U.S. Department of Education announced late Thursday. The move follows a ruling made by a.....»»
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.....»»
Biden"s new plan for student-loan forgiveness is entering its next key stage — and millions of borrowers will have a say on what the relief looks like
Biden's administration released its first set of draft rules for its new student-loan forgiveness plan, and borrowers have 30 days to comment on the.....»»
Biden"s latest plan for student loan cancellation moves forward as a proposed regulation
Biden"s latest plan for student loan cancellation moves forward as a proposed regulation.....»»
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.....»»
277,000 student-loan borrowers who have "paid what they can afford" for at least a decade are getting $7.4 billion in debt wiped out
Student-loan borrowers on the SAVE plan, .....»»
A millennial CEO still paying off his own student debt has dedicated his career to solving the student-loan crisis
A decade after borrowing $80,000 to finish school after a death in the family, Greg Poulin owes over $57,000. He wants his startup Goodly to help. Greg Poulin. Greg Poulin Greg Poulin borrowed $80,000 to complete his education after.....»»
Biden"s education secretary isn"t ruling out an extension of the student-loan payment freeze
Education Secretary Miguel Cardona said it was "not out of the question" to extend the pause on student-loan payments, depending on the recovery. President Joe Biden. White House/Lawrence Jackson Education Secretary Miguel Cardona isn't r.....»»
Biden"s Education Secretary isn"t ruling out an extension of the student-loan payment freeze
Education Secretary Miguel Cardona said it's "not out of the question" to extend the pause on student loan payments, depending on the recovery. .....»»
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.....»»