April 23, 2024
Loans

How Joe Biden’s plan to cancel student loans could benefit more than 30 million Americans – Firstpost

US president Joe Biden delivers remarks on student loan debt at Madison College, Monday, in Madison, Wisconsin. AP US president Joe Biden is taking another shot at student loan cancellation, hoping to deliver on a key campaign promise that he failed to fulfil so far. In a visit to Wisconsin on Monday, Biden detailed a

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Loans

Republican-led states file lawsuit to block Biden’s massive new student loan bailout plan

Politics By Victor Nava Published March 29, 2024, 6:12 p.m. ET Eleven Republican-led states have filed a lawsuit against President Biden and Education Secretary Miguel Cardona in an attempt to block the administration’s latest student loan debt cancellation plan.  The lawsuit, filed Thursday in Kansas federal court by the state’s Attorney General Kris Kobach, is

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Loans

Biden Forgave Another $5 Billion in Student Loans. Here’s Who Qualifies.

President Joe Biden is forgiving another $5 billion in student debt, bringing the total loan forgiveness approved by the administration to $137 billion.  The relief came just one week after the last round of student debt cancellation for borrowers that took out less than $12,000 and have been in repayment for at least a decade.

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Mortgage

My dad wants to take out a mortgage and has tried, unsuccessfully, to have Sallie Mae release him as cosigner on my $153,000 student loan. What can we do?

I thought it was a federal loan because I believe they did both types of loans. I started paying back the $153,000 interest-only loan in September 2022, while my dad paid towards the principal and the balance increased. They removed the interest-only repayments after several calls were made regarding the balance not being reduced.  My

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