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: 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......»»
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.....»»
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.....»»
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.....»»
"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.....»»
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.....»»
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.....»»
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"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 .....»»
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......»»
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.....»»
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.....»»
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 .....»»
See how debt stacks up for graduates of Ohio State, other Central Ohio colleges
Student debt forgiveness, which has been discussed as among the top priorities of the new Biden Administration, would have a big impact on borrowers from Ohio colleges, who graduated with an average debt of $29,886 in 2019......»»
Trump’s bid to end Public Service Loan Forgiveness could mean ‘major life changes’ for some student-loan borrowers
The program wipes out student-loan debt for borrowers in certain nonprofit and public sector jobs......»»
How much student-loan debt forgiveness would have a real impact? $10K per borrower, according to new analysis
A new analysis indicates that a relatively small amount of debt relief would affect a large group of borrowers......»»
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......»»
The government expanded access to student loan forgiveness—just read the fine print
A first-come, first-served fund aims to help some borrowers rejected from the Public Service Loan Forgiveness program......»»