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The Student Debt Conundrum

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Category: blogSource: zerohedgeApr 21st, 2019

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.....»»

Category: worldSource: nytApr 18th, 2024

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 have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000

A new Gallup survey found that 71% of student-loan borrowers have put off key life events, including finishing th.....»»

Category: dealsSource: nytApr 17th, 2024

Column: Are Republicans who got pandemic debt relief hypocrites for complaining about student debt relief? Yes

Republicans criticizing Biden's student debt relief plan took millions .....»»

Category: topSource: latimesApr 16th, 2024

Buying Votes: Biden Cancels Student Debt For 277,000 Borrowers Ahead Of Presidential Elections

Buying Votes: Biden Cancels Student Debt For 277,000 Borrowers Ahead Of Presidential Elections On Friday, President Joe Bi.....»»

Category: worldSource: nytApr 12th, 2024

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, .....»»

Category: personnelSource: nytApr 12th, 2024

A California community college"s graduation gift: forgiving 2021 grads" student debt

Contra Costa Community College surprised its May 2021 graduates with full student-loan forgiveness, relieving more than 60 students of student debt. .....»»

Category: worldSource: nytMay 25th, 2021

3 steps to start tackling huge student loans before you make a single payment

During a Master Your Money virtual event, experts recommended saving, organizing, and getting your options before trying to pay off a large debt. Business Insider Panelists for Master Your Money's virtual event include, from le.....»»

Category: dealsSource: nytMay 24th, 2021

Delaware State University will use Biden"s stimulus to cancel over $700,000 in student debt

On average, $3,276 in student debt will be canceled for eligible borrowers: recent graduates who faced financial hardships during the pandemic. democracynow.org Delaware State University will c.....»»

Category: topSource: businessinsiderMay 14th, 2021

Bernie Sanders and Elizabeth Warren want to make pandemic-era food benefits for college students permanent

"As students take on a mountain of student-loan debt, they shouldn't have to choose between paying tuition and eating," Sen. Elizabeth Warren said. Sens. Bernie S.....»»

Category: topSource: businessinsiderMay 11th, 2021

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.....»»

Category: personnelSource: nytMay 5th, 2021

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

50% of Americans are using the the 3rd stimulus check to pay off debt, report finds

LendingTree found that of the Americans using stimulus checks to pay off debt, 56% are putting them toward student loans and credit cards. .....»»

Category: smallbizSource: nytMay 3rd, 2021

States Where People Are Struggling With the Most Debt

Many of us have experienced the desperation that comes from crushing debt at one point in our lives. Whether it’s student loans, car payments, credit card balances, or all of the above, debt is one........»»

Category: blogSource: 247wallstApr 30th, 2021

: ‘It’s time to go big’: Elizabeth Warren makes aggressive push for student-debt cancellation

'How equitable is it to ask taxpayers who haven't gone to college to pay for those who have gone to college?'.....»»

Category: topSource: marketwatchApr 19th, 2021

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.....»»

Category: dealsSource: nytApr 13th, 2021

19 states have higher student-loan debt than annual budgets, report finds

Student Loan Justice found Georgia's state budget is slightly more than $48 billion, but Georgians' total student de.....»»

Category: smallbizSource: nytApr 5th, 2021

White House press secretary says Biden hasn"t "ruled out" canceling up to $50,000 in student debt

Press Secretary Jen Psaki avoided getting into specifics, including what Biden's position is beyond pushing for le.....»»

Category: smallbizSource: nytApr 5th, 2021

Will Biden cancel student loan debt? As college costs spiral, here"s what he"s considering

President Joe Biden has directed his education secretary to explore his .....»»

Category: topSource: usatodayApr 4th, 2021

Biden Is Looking For Legal Excuse To Bailout Upper Middle Class With Student Debt Cancelation

Biden Is Looking .....»»

Category: smallbizSource: nytApr 2nd, 2021