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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.....»»

Category: personnelSource: nytApr 14th, 2024

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 .....»»

Category: personnelSource: nytMar 11th, 2021

Elizabeth Warren's plan for student loan forgiveness: Don't bank on it

Massachusetts Sen. Elizabeth Warren wants to roll out a broad plan to cancel up to $50,000 of college debt for lose making l.....»»

Category: topSource: usatodayApr 24th, 2019

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.....»»

Category: smallbizSource: nytApr 17th, 2024

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

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

Why Elizabeth Warren wants to fire the company servicing your student loans

Even before she was a senator, Warren criticized Navient for student-loan abuses. She told Insider "it's past time to fire them and other servicers." Sen. .....»»

Category: smallbizSource: nytApr 26th, 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

Elizabeth Warren"s plan to forgive student-loan debt is costly, but it could actually pour money into the US economy

Sergio Flores/Getty Images .....»»

Category: topSource: businessinsiderApr 27th, 2019

Internet searches for Biden spike as Warren’s student-debt relief plan generates buzz

Google searches are increasingly used as bellwethers for politics, and it looks like Vice President Joe Biden’s campaign launch has generated strong interest as Sen. Elizabeth Warren has found a policy that is generating buzz......»»

Category: topSource: marketwatchApr 26th, 2019

Warren: Tax the wealthy to wipe out student debt

U.S. Sen. Elizabeth Warren has proposed a $1.25 trillion plan that would wipe out most student loan debt and eliminate tuition at public colleges. The Democratic presidential candidate's program would eliminate up to $50,000 in student loan debt for e.....»»

Category: topSource: bizjournalsApr 22nd, 2019

Warren proposes scrapping student debt for millions in 2020 plan

Democratic presidential candidate Elizabeth Warren proposed eliminating student-loan debt for an estimated 42 million Americans with a wealth tax, seeking to show young voters she would ease one of their biggest economic burdens......»»

Category: topSource: moneycentralApr 22nd, 2019

Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with "decades-old predatory private" loans. Here"s how.

Millions of student-loan borrowers are being transferred from Navient to MOHELA. Elizabeth Warren wants some of their debt to be canceled first. Sen. Elizabeth Warren.Evelyn Hockstein-Pool/Getty ImageSen. Elizabeth Warren led a letter urging Navien.....»»

Category: worldSource: nytApr 18th, 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

Bernie Sanders and Elizabeth Warren want to make pandemic-era food benefits for college students permanent

"As students take on a mountain of student-loan debt, they shouldn't have to choose between paying tuition and eating," Sen. Elizabeth Warren said. Sens. Bernie S.....»»

Category: topSource: businessinsiderMay 11th, 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

2 senators launch bipartisan effort to ease student-loan forgiveness for service members

If you're a service member and you defer student loans while deployed, the government still extends your repayment time. Senators want to change that. Sen. Marco Rubio (R-FL). Getty pool Marco Rubio and Mag.....»»

Category: topSource: businessinsiderApr 30th, 2021

Elizabeth Warren slams billionaire Leon Cooperman as "too frightened" to talk to Congress about a wealth tax

Warren said she's made three tax proposals - on wealth, corporate profits, and enforcement - that could pay for Biden's $3.5 trillion plans, and more. Sen. Elizabeth Warren (D-MA). GREG NASH/POOL/AFP vi.....»»

Category: topSource: businessinsiderApr 27th, 2021

: ‘It’s time to go big’: Elizabeth Warren makes aggressive push for student-debt cancellation

'How equitable is it to ask taxpayers who haven't gone to college to pay for those who have gone to college?'.....»»

Category: topSource: marketwatchApr 19th, 2021