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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

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.....»»

Category: worldSource: nytApr 17th, 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

Biden has promised to extend the pause on student-loan payments during his first day in office. Here are other steps the new administration could take for student-debt relief.

President-elect Joe Biden promises to act on student loan debt on his first day, but questions remain on his timeframe for debt forgivene.....»»

Category: personnelSource: nytJan 14th, 2021

7 More States Sue To Block "Most Generous Ever" Student Loan Program

7 More States Sue To Block 'Most Generous Ever' Student Loan Program Authored by Bill Pan via The Epoch Times (emphasis ours), President Joe Biden faces a fresh lawsuit from a seven-state coalition challe.....»»

Category: dealsSource: nytApr 10th, 2024

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

Democratic Senators tout changes to student loan relief while pushing Biden to forgive $50,000 in debt

"This is a.....»»

Category: personnelSource: nytMar 30th, 2021

: Biden’s ‘rescue’ package would eliminate taxes on cancelled student loan debt

The proposed COVID relief bill gets rid of an obstacle to broad-based student debt cancellation.....»»

Category: topSource: marketwatchMar 8th, 2021

Biden supports canceling $10,000 in student loan debt, but Democrats are calling on him to forgive $50,000 through executive action

"We are not going to let up until w.....»»

Category: topSource: businessinsiderFeb 4th, 2021

Capitol Report: Biden administration, Republicans trade barbs over their big differences on reopening schools

President Joe Biden’s COVID-19 relief plan delivers $130 billion for reopening K-12 schools, while a counteroffer from 10 Republican senators provides $20 billion --- and the two sides don’t sound close to meeting in the middle......»»

Category: topSource: marketwatchFeb 3rd, 2021

: Under President Biden, expect more aggressive oversight of the student-loan industry

The Biden administration will enlist the Consumer Financial Protection Bureau to tackle student-debt problems......»»

Category: topSource: marketwatchJan 21st, 2021

: Biden administration to extend student loan payment pause on Day 1, transition officials say

The freeze was originally set to expire on Jan. 31 — 11 days after Biden takes office......»»

Category: topSource: marketwatchJan 9th, 2021

: Biden administration to extend student loan payment pause on day one, transition officials say

The freeze was originally set to expire on Jan. 31, 11 days after Biden takes office.....»»

Category: topSource: marketwatchJan 8th, 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

US Treasuries top 1% after Georgia Senate race ends in "Blue Wave" win for incoming Biden administration

Investors expect a Democrat-controlled Congress to pass more coronavirus relief for the economy so the Federal Reserve is less likely to add stimulus. U.S. Federal Reserve in Washington, D.C., the United States. Xinhua/Getty Imag.....»»

Category: topSource: businessinsiderJan 6th, 2021

US Treasuries top 1% after Georgia Senate race ends in "Blue Wave" win for incoming Biden administration

Investors expect a Democrat-controlled Congress to pass more coronavirus relief for the economy so the Federal Reserve is less likely to add stimulus. U.S. Federal Reserve in Washington, D.C., the United States. Xinhua/Getty Imag.....»»

Category: topSource: businessinsiderJan 6th, 2021

Trump education official to resign, call for loan forgiveness

A senior student-loan official in the Trump administration said he would resign Thursday and endorse canceling most of the nation’s outstanding student debt, calling the student-loan system “fundamentally broken.”.....»»

Category: topSource: moneycentralOct 24th, 2019

Trump education official to resign, call for loan forgiveness

A senior student-loan official in the Trump administration said he would resign Thursday and endorse canceling most of the nation’s outstanding student debt, calling the student-loan system “fundamentally broken.”.....»»

Category: topSource: moneycentralOct 24th, 2019

Biden"s latest plan for student loan cancellation moves forward as a proposed regulation

Biden"s latest plan for student loan cancellation moves forward as a proposed regulation.....»»

Category: topSource: yahooApr 16th, 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