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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......»»

Category: topSource: moneycentralDec 16th, 2018

Biden"s Education Secretary isn"t ruling out an extension of the student-loan payment freeze

Education Secretary Miguel Cardona said it's "not out of the question" to extend the pause on student loan payments, depending on the recovery. .....»»

Category: personnelSource: nytMay 3rd, 2021

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

Will Biden cancel student loan debt? As college costs spiral, here"s what he"s considering

President Joe Biden has directed his education secretary to explore his .....»»

Category: topSource: usatodayApr 4th, 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

: DeVos appointee who oversaw America’s student-loan portfolio resigns as Biden education secretary pledges to ease student-debt burden

Mark Brown's resignation came after calls for new leadership from Senator Elizabeth Warren and borrower advocates......»»

Category: topSource: marketwatchMar 6th, 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

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

The Education Department is falling short on a promise to help student loan borrowers during the coronavirus crisis, lawsuit alleges

The department says it’s taken ‘immediate action’ to protect borrowers who are behind on their loans......»»

Category: topSource: marketwatchMay 1st, 2020

Peter Morici: Democrats’ promises of student-loan forgiveness and free tuition are not the answer

Higher education should not be so recast as an entitlement but rather the decadence of present arrangements should be targeted for pro-market reforms......»»

Category: topSource: marketwatchApr 23rd, 2020

College students were promised aid in the coronavirus stimulus. It still hasn"t arrived.

The Education Dept. said coronavirus money was on its way. For nearly every student, it still hasn't arrived. Some don't even know t.....»»

Category: topSource: usatodayApr 21st, 2020

Banks brace for millions of small-business loan requests as Trump coronavirus plan is put to test

The money is meant to stanch layoffs, but a crush of applications may overwhelm the system......»»

Category: personnelSource: nytApr 1st, 2020

Paid sick leave, healthcare reimbursements, student loan breaks: Democrats to unveil coronavirus proposals as economic concerns rise

REUTERS/Brendan McDermid Democrats plan to unveil on Wednesday a spending package designed to soften the blow of the coronavirus and its effects on the economy. It would mark the latest step in a race to contain an outbreak .....»»

Category: personnelSource: nytMar 11th, 2020

Rice University cancels annual business plan competition amid coronavirus concerns

Rice University canceled its annual Rice Business Plan Competition over concerns surrounding the coronavirus, the university announced March 9. The Rice Business Plan Competition, or RBPC — one of the world's largest student startup competitions, acc.....»»

Category: topSource: bizjournalsMar 9th, 2020

Tackling student loans during tax season

If you're one of the 48 million Americans paying off debt from education, tax time could mean some relief. The IRS allows you to deduct student-loan interest from your taxes. CBSN spoke with two tax professionals to get the details......»»

Category: topSource: moneycentralMar 2nd, 2020

Texas college grads find big money in oil, computers

It pays to get an education that's focused on petroleum engineering or computer science. Data from the U.S. Department of Education and Internal Revenue Service that combined federal student-loan records with tax returns filed by first-year graduates.....»»

Category: topSource: bizjournalsDec 30th, 2019

Grads with these 30 Orlando college degrees have the highest median debt

What you decide to study in college in metro Orlando and beyond can play a large role in how much student loan debt you'll have when you graduate and prepare to enter the workforce. The U.S. Department of Education College Scorecard tracks data on .....»»

Category: topSource: bizjournalsDec 13th, 2019

Here"s which Dayton-area colleges have the highest student loan default rates (Slideshow)

Nearly 3,600 students have defaulted on loans they took out in fiscal year 2016 to attend one of 16 colleges in Southwest Ohio. That's according to the latest data from the U.S. Department of Education, which released new data on student loan defaults in.....»»

Category: topSource: bizjournalsNov 21st, 2019

5 Facts You Didn’t Know About Student Loan Debt

People all over the world praise the educational system in the United States. Many school graduates aspire to get into college or university in America.... The post 5 Facts You Didn’t Know About Student Loan Debt appeared first on ValueWalk......»»

Category: blogSource: valuewalkNov 5th, 2019

Key Words: A resigning Trump education official wants to ‘stop the insanity’ of student loans

A. Wayne Johnson proposed forgiving $925 billion in student loans, calling the system ‘fundamentally broken’.....»»

Category: topSource: marketwatchOct 24th, 2019