More than 1 million student-loan borrowers could soon be transferred to a new company after their servicer requested a lighter load, the Education Department says
The Education Department agreed to student-loan company MOHELA's request to transfer so.....»»
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.....»»
Student-loan borrowers just got 2 extra months to benefit from a temporary debt relief reform
Student-loan borrowers now have until June 30 to consolidate their loans and get the one-time account adjustments, moving closer to forgiveness. Getty ImagesThe Education Department extended the deadline for student-loan borrowers .....»»
Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with "decades-old predatory private" loans. Here"s how.
Millions of student-loan borrowers are being transferred from Navient to MOHELA. Elizabeth Warren wants some of their debt to be canceled first. Sen. Elizabeth Warren.Evelyn Hockstein-Pool/Getty ImageSen. Elizabeth Warren led a letter urging Navien.....»»
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.....»»
: 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......»»
The Education Department is falling short on a promise to help student loan borrowers during the coronavirus crisis, lawsuit alleges
The department says it’s taken ‘immediate action’ to protect borrowers who are behind on their loans......»»
Lawsuit alleges ‘gross mismanagement’ of student-loan forgiveness by the Department of Education
This is the latest case to say borrowers are not getting the debt-relief they deserve......»»
Treasury Department says student-debt crisis is so bad that financial education should be mandatory for college students
The recommendation comes as student-loan borrowers cope with $1.5 trillion in debt......»»
21 states to DeVos: Stop blocking our efforts to crack down on student-loan companies
In a letter, nearly two dozen attorneys general argue a policy quietly implemented by the Department of Education is ‘harming student-loan borrowers nationwide’.....»»
How the government could forgive your student loans
The Department of Education has issued directions for some student loan borrowers who work in public service jobs to reapply for a second chance at debt relief if they were previously rejected......»»
How to fix the bankruptcy system for student loan borrowers
Experts offered suggestions to the Department of Education......»»
Student loans: Borrowers could face tighter federal standard for debt forgiveness
A proposed new rule for student loan forgiveness would aid borrowers while giving colleges a chance to have their say and protect taxpayers, the U.S. Department of Education says. Ad.....»»
Betsy DeVos sued to get rolling on student loan forgiveness
The Department of Education says it’s ‘moving quickly’ to find borrowers eligible for the debt relief......»»
Why Record $1.465 Trillion Student Debt Could Test U.S. Economy
Over 90% of student loans are guaranteed by the U.S. Department of Education U.S. student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is .....»»
New York reaches deal with student-loan company long accused of misleading borrowers
Conduent Education Services, formerly known as ACS, had troubled advocates for years......»»
Key student-debt relief programs are at risk if Congress doesn"t boost Education Department funding, 25 Democratic lawmakers say
Following a botched FAFSA rollout and rocky return to student-loan repayment, Elizabeth Warren is calling for more cash for Federal Student Aid. Sen. Elizabeth Warren.Kevin Dietsch/Getty ImagesSen. E.....»»
Biden"s new student-loan forgiveness plan has already received over 24,000 comments. There are 2 weeks left to give the administration input.
The Education Department plans to begin implementing Biden's new student-debt cancellation plan this fall, and anyone can provide input on the relief. U.S. President Joe Biden.Chip Somodevilla/Getty ImagesThere are two weeks left.....»»
Elizabeth Warren says the government should fire student loan servicer Navient, which should fire its CEO
Sen. Elizabeth Warren held a hearing Wednesday on student debt relief, and she lit into Navient's CEO on investigations of misleading its borrowers. Sen. Elizabeth Warren (D-MA). Drew Angerer/Getty Imag.....»»
: 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 .....»»