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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

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.....»»

Category: topSource: businessinsiderApr 16th, 2024

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.....»»

Category: topSource: businessinsiderApr 15th, 2024

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.....»»

Category: personnelSource: nytApr 14th, 2024

"Buying Votes" With Other People"s Money, Says Elon Musk, As Biden Announces Additional Student Loan Forgiveness; Bill Ackman Calls It "Illegal"

Adversaries slammed President Joe Biden for announcing additional student forgiveness, and see it as a vote-buying strategy. read more.....»»

Category: blogSource: benzingaApr 13th, 2024

Gen Z wants student loan forgiveness without any accountability. It doesn"t work that way.

Gen Z wants student loan forgiveness without any accountability. It doesn"t work that way......»»

Category: topSource: yahooApr 10th, 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

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 student-loan forgiveness program for public-service workers has a 98% denial rate. 56 Democrats say it"s time for Biden to fix it.

Biden's campaign promised he'd see to it that the Public Service Loan Forgiveness program was "fixed, simplified, and actually helps teachers." Sen. Kirsten Gillibrand (D-NY). Al.....»»

Category: smallbizSource: nytMay 5th, 2021

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.....»»

Category: topSource: businessinsiderApr 30th, 2021

: The government promised to forgive military members’ student loans after 10 years of service — it’s only worked for 124 of them

'Just when you think we've hit rock bottom when it comes to the complete mismanagement of the Public Service Loan Forgiveness program, you see reports like this.'.....»»

Category: topSource: marketwatchApr 25th, 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

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 .....»»

Category: personnelSource: nytMar 11th, 2021

NerdWallet: If someone offers you student loan forgiveness, it could be a scam: What to watch for

The pitch is one that persuades borrowers to pay for services they could get free or to share personal account information in exchange for forgiveness......»»

Category: topSource: marketwatchMar 9th, 2021

Why student debt will keep rising despite loan-forgiveness programs lawmakers are proposing in Congress

Many stude.....»»

Category: topSource: businessinsiderMar 4th, 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

Biden Slaps Down Move For $50K Student Debt Forgiveness: "I Will Not Make That Happen"

Biden Slaps Down Move For $50K Student Debt Forgiveness: "I Will Not Make That Happen" President Biden has appeared to give his 'final' and 'definitive' answer on student loan for.....»»

Category: personnelSource: nytFeb 17th, 2021

Alexandria Ocasio-Cortez tweeted a step-by-step guide for asking members of Congress to support student loan forgiveness

The lawmaker encouraged her followers to share personal stories about how student loan debt has impacted them. Rep. Alexandria Ocasio-Cortez (D-NY) attending a vote on January 9, 2020. Al.....»»

Category: worldSource: nytFeb 17th, 2021

AOC criticizes Biden"s opposition to $50,000 in student loan forgiveness, saying his argument "is looking shakier by the day"

"Entire generations of working class kids were encouraged to go into more debt under the guise of elitism," Ocasio-Cortez argued. "This .....»»

Category: dealsSource: nytFeb 17th, 2021

Outgoing Secretary of Education Betsy DeVos urged against student loan forgiveness in letter to Congress

Biden proposed making undergraduate education free in some cases and giving student borrowers $10,000 in forgiveness as part of coronavirus relief. U.S. Education Secretary Betsy Devos speaks at White Hou.....»»

Category: topSource: businessinsiderJan 6th, 2021