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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

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

"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

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 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

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

: ‘We’re still blazing the trail’: Joe Biden wants to create millions of infrastructure jobs — but will his plan help women rejoin the workforce?

Women have a lot to gain from entering the male-dominated field but pervasive of harassment and overt discrimination may stand in their way, experts told MarketWatch......»»

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

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 .....»»

Category: topSource: latimesMar 30th, 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 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.....»»

Category: topSource: businessinsiderMar 19th, 2021

The COVID-19 relief package includes a hidden benefit for student-loan borrowers that could save thousands in tax payments on loans that have been forgiven

The COVID-19 relief package includes a hidden benefit for student-loan borrowers that could save thousands in tax payments on loans that have been forgiven.....»»

Category: topSource: businessinsiderMar 9th, 2021

The COVID relief package includes a hidden benefit for student loan borrowers that could save thousands in tax payments on loans that have been forgiven

The Student Loan Tax Relief Act is making its way th.....»»

Category: smallbizSource: nytMar 9th, 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

: 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

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

: State attorneys general call on Biden to cancel up to $50,000 in student debt to provide ‘immediate relief to millions’

Attorneys general have been at the forefront of investigating for-profit colleges, some of which have been accusing of preying on students......»»

Category: topSource: marketwatchFeb 20th, 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

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

Biden dismisses a Democratic plan to wipe out $50,000 in federal student-loan debt

Presi.....»»

Category: topSource: businessinsiderFeb 17th, 2021

Biden dismisses a Democratic plan to wipe out $50,000 in federal student loan debt

Biden rejected a Democratic proposal unveile.....»»

Category: topSource: businessinsiderFeb 17th, 2021