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…
I tackled my debt. You can, too. ADOBE STOCK There are a lot of four-letter words that pack a punch, but none quite like d-e-b-t. Being in debt is one of the most stressful experiences I’ve ever gone through, and I’ve jumped out of a plane on a first date (true story). I remember so…
US Education Secretary Miguel Cardona speaks during the daily press briefing on August 5, 2021 … [+] (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images The Biden administration is in the process of cancelling $2 billion in student loans for 30,000 borrowers. “Check your inboxes!” said…
US President Joe Biden speaks in the South Court Auditorium, next to the White House, in Washington, … [+] DC on November 3, 2021. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) AFP via Getty Images New details about the Biden administration’s exploration of widespread student loan forgiveness have emerged…
GLASGOW, SCOTLAND – NOVEMBER 02: U.S. President Joe Biden at SECC on November 2, 2021 in Glasgow, … [+] United Kingdom. (Photo by Paul Ellis – Pool/Getty Images) Getty Images Over the last 10 months, the Biden administration has announced billions of dollars in student loan cancellation. The administration has relied on executive authority, some…
ROME, ITALY – OCTOBER 29: US President Joe Biden on October 29, 2021 in Rome, Italy. (Photo by … [+] Antonio Masiello/Getty Images) Getty Images As student loan borrowers and their advocates continue their campaign to convince President Biden to enact widespread student loan forgiveness, administration officials are sending mixed messages. Student loan borrower activists,…
It may soon get easier for some student loan borrowers to discharge their debt through bankruptcy. getty It may soon get easier for some borrowers to discharge their student loan debt through bankruptcy. But many questions remain about what these changes may look like, and how sweeping any reforms will ultimately be. Student Loans And…
US President Joe Biden speaks on October 15, 2021 in Storrs, Connecticut. (Photo by Brendan … [+] Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) AFP via Getty Images Advocates for student loan borrowers continue to push the Biden administration to enact mass, across-the-board student loan forgiveness. But there are several signs that…
shot of money and college theme getty More than 550,000 student loan borrowers may find it easier to have their balances forgiven under recent changes to the Department of Education’s public service loan forgiveness (PSLF) program, but for millions more participating in the government’s income-driven repayment (IDR) programs, much-needed relief is still waiting. The government’s…
Student loan borrowers should keep in mind three important dates about repayment and loan … [+] forgiveness. getty There’s a lot happening with student loans. Paused payments will be resuming soon. Several student loan servicers are changing. The Biden administration has expanded several student loan forgiveness programs, while officials begin working on larger structural changes…