Education Dept. Cancels Plan for New Student Loan System
Legal challenges forced the agency to scrap bids for a new website and other tech changes aimed at simplifying the repayment process for millions of borrowers......»»
Education Dept. cancels $10.8 million in student-loan debt for students at shuttered schools
The loan cancellation might not cancel a lawsuit though......»»
Biden"s new student-loan forgiveness plan has already received over 24,000 comments. There are 2 weeks left to give the administration input.
The Education Department plans to begin implementing Biden's new student-debt cancellation plan this fall, and anyone can provide input on the relief. U.S. President Joe Biden.Chip Somodevilla/Getty ImagesThere are two weeks left.....»»
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 .....»»
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.â€.....»»
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.â€.....»»
Treasury Dept. says student-debt crisis is so bad that financial education should be mandatory for college students
The recommendation comes as students loan borrowers cope with $1.5 trillion in debt......»»
How to fix the bankruptcy system for student loan borrowers
Experts offered suggestions to the Department of Education......»»
Watchdog says Education Dept. stonewalls student loan suit
A fight between two federal agencies over a lawsuit could leave student loan borrowers in the lurch......»»
Student loan company Navient used deceptive practices, Dept. of Education audit suggests - USA TODAY
USA TODAYStudent loan company Navient used deceptive practices, Dept. of Education audit suggestsUSA TODAYNEW YORK (AP) — One.....»»
Department of Education Cancels $150 Million in Student Loan Debt
For 15,000 borrowers whose colleges closed between 2013 and 2018. Thousands of Americans will have their student loan debt canceled, the U.S. Department of Education announced late Thursday. The move follows a ruling made by a.....»»
Student-loan borrowers just got 2 extra months to benefit from a temporary debt relief reform
Student-loan borrowers now have until June 30 to consolidate their loans and get the one-time account adjustments, moving closer to forgiveness. Getty ImagesThe Education Department extended the deadline for student-loan borrowers .....»»
Key student-debt relief programs are at risk if Congress doesn"t boost Education Department funding, 25 Democratic lawmakers say
Following a botched FAFSA rollout and rocky return to student-loan repayment, Elizabeth Warren is calling for more cash for Federal Student Aid. Sen. Elizabeth Warren.Kevin Dietsch/Getty ImagesSen. E.....»»
More than 1 million student-loan borrowers could soon be transferred to a new company after their servicer requested a lighter load, the Education Department says
The Education Department agreed to student-loan company MOHELA's request to transfer so.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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, .....»»