We’re ‘Just Getting Started’ On Student Loan Forgiveness. What Does That Mean?

Education Secretary Miguel Cardona testifies during a Senate Health, Education, Labor, and Pensions … [+] Committee hearing on Thursday, Sept. 30, 2021, at Capitol Hill in Washington. (Greg Nash/Pool via AP) ASSOCIATED PRESS In the course of the last month, the Biden administration has implemented $2 billion in student loan forgiveness for 30,000 borrowers. Highlighting…

Elizabeth Warren Calls Out Student Loan Servicer For Abusive Practices Amid Looming Student Loan Default

Sen. Elizabeth Warren (Photo by Drew Angerer/Getty Images) Getty Images Sen. Elizabeth Warren is calling out this student loan servicer for abusive practices amid looming student loan default. Here’s what you need to know. Student Loans In a scathing letter to student loan servicer Maximus, Warren (D-MA) wants assurances that Maximus will protect student loan…

What It Means For Student Loan Borrowers

COLUMBUS, OH – FSA Chief Operating Officer Richard Cordray on May 8, 2018 in Columbus, Ohio. (Photo … [+] by Kirk Irwin/Getty Images) Getty Images One of the Department of Education’s major federal student loan servicers will be staying on for another year. Here’s what it means for student loan borrowers. FedLoan Servicing Gets One…