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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.....»»
Borrowers can pause their student-loan debt payments for two months, Trump says
Borrower advocates say pausing payments temporarily just ‘kicks the can down the road.’.....»»
Trump: Student loan borrowers can suspend payments for 60 days without interest
Federal student loan borrowers will be able to suspend their payments for 60 days and interest will not accrue. Payments made will go to.....»»
Student Loan Watchdog Quits, Blames Trump Administration - NPR
NPRStudent Loan Watchdog Quits, Blames Trump AdministrationNPRUpdated at 11:15 a.m. ET. The federal official in charge of protecting student borrowers from predatory lending practices has stepped down. In a scathing resignation letter, Seth F.....»»
Student Loan Watchdog Quits, Says Trump Administration 'Turned Its Back' On Borrowers - NPR
NPRStudent Loan Watchdog Quits, Says Trump Administration 'Turned Its Back' On BorrowersNPRUpdated at 1:12 p.m. ET. The federal official in charge of protecting student borrowers from predatory lending practices has stepped.....»»
Top student loan watchdog steps down, accusing Trump administration of abandoning borrowers
Seth Frotman oversaw the Consumer Financial Protection Bureau’s student loan office......»»
Top student loan watchdog resigns over Trump administration policies - Washington Post
Washington PostTop student loan watchdog resigns over Trump administration policiesWashington PostThe consumer protection official charged with safeguarding student borrowers is resigning in protest of the Trump administration, claiming it is.....»»
Betsy DeVos wants another chance to delay rule meant to protect defrauded student-loan borrowers
The Trump administration on Friday asked th.....»»
Judge greenlights Obama-era rule for scammed students, despite delays by Trump administration
The regulation designed to help student-loan borrowers has been the subject of years of litigation......»»
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 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.....»»
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.....»»
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, .....»»
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.....»»
2 senators launch bipartisan effort to ease student-loan forgiveness for service members
If you're a service member and you defer student loans while deployed, the government still extends your repayment time. Senators want to change that. Sen. Marco Rubio (R-FL). Getty pool Marco Rubio and Mag.....»»
Freezing student-loan payments saved just $2,000 per borrower, report finds
Nationwide, borrowers saved $82.7 billion in interest payments from the student-loan freeze, but Upgraded Points found minimal impact on individuals. Caelan Stulken / EyeEm/ Getty Images Student-loan payments a.....»»
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 .....»»
: 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......»»