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Student loans: Borrowers could face tighter federal standard for debt forgiveness

A proposed new rule for student loan forgiveness would aid borrowers while giving colleges a chance to have their say and protect taxpayers, the U.S. Department of Education says. Ad.....»»

Category: topSource: usatodayJul 25th, 2018

Betsy DeVos proposes stricter rules for student loan forgiveness

The proposal would cut an estimated $13 billion in planned debt relief over 10 years......»»

Category: topSource: moneycentralJul 26th, 2018

New report illustrates how student loan debt hampers home-buying

TOWN SQUARE | Zillow study shows that renters with high debt qualify for far fewer homes than those without......»»

Category: topSource: washpostDec 20th, 2018

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

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 California community college"s graduation gift: forgiving 2021 grads" student debt

Contra Costa Community College surprised its May 2021 graduates with full student-loan forgiveness, relieving more than 60 students of student debt. .....»»

Category: worldSource: nytMay 25th, 2021

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

19 states have higher student-loan debt than annual budgets, report finds

Student Loan Justice found Georgia's state budget is slightly more than $48 billion, but Georgians' total student de.....»»

Category: smallbizSource: nytApr 5th, 2021

Pandemic drop in drivers, riders cost Illinois and transit agencies more than $1 billion in lost revenue, study shows

Fewer drivers on the roads and passengers on trains and buses during the COVID-19 pandemic have cost Illinoi.....»»

Category: topSource: chicagotribuneMar 26th, 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

Canceling student debt would mostly benefit middle- and high-income families, JPMorgan finds

A JPMorgan Chase study found that student debt cancellation disproportionately benefits middle- and high-income families. Eric Raptosh Photography/Getty Images JPMorgan found student debt cancellation would mostl.....»»

Category: personnelSource: nytMar 18th, 2021

Alexandria Ocasio-Cortez decries the student loan debt, low incomes, and climate change facing "entire generations" as birth rates continue to fall

While new data shows a 7% drop in births in December - nine months after the pandemic began - experts say the 2020 fall is part of a larger dow.....»»

Category: topSource: businessinsiderMar 4th, 2021

Why student debt will keep rising despite loan-forgiveness programs lawmakers are proposing in Congress

Many stude.....»»

Category: topSource: businessinsiderMar 4th, 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

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

Alexandria Ocasio-Cortez tweeted a step-by-step guide for asking members of Congress to support student loan forgiveness

The lawmaker encouraged her followers to share personal stories about how student loan debt has impacted them. Rep. Alexandria Ocasio-Cortez (D-NY) attending a vote on January 9, 2020. Al.....»»

Category: worldSource: 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

: The latest question in the debate over student debt forgiveness: How valuable is it? Researchers are split

A recent study examining the 'present value' of student debt cancellation has injected fresh fuel into the debate......»»

Category: topSource: marketwatchDec 18th, 2020

In One Chart: Cancel student debt? This chart breaks down who owes what

As calls for student debt forgiveness ramp up ahead of a Biden administration, this chart shows who owes the most in federal student loans......»»

Category: topSource: marketwatchDec 15th, 2020

U.S. Taxpayers Face $200 Billion Bill From Student Loan Forgiveness Plans

U.S. Taxpayers Face $200 Billion Bill From Student Loan Forgiveness Plans The student loan bubble continues to inflate.Â.....»»

Category: blogSource: zerohedgeFeb 21st, 2020