May 17, 2024
Loans

How to calculate 10-year SAVE timeline

Chris Tobin | Digitalvision | Getty Images Beginning in February, certain student loan borrowers who have spent a decade in repayment will get their federal student loan debt forgiven, the Biden administration recently announced. Most borrowers need to make payments for 20 years or 25 years on an income-driven repayment plan before their debt is

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Investment

A small Pa. college’s big investment in humanities

As humanities programs face continued cuts and public skepticism of their value, a small Pennsylvania liberal arts college is setting itself apart by investing and creating more opportunities for its humanities majors. Lycoming College, in Williamsport, recently opened an on-campus research center, established an annual undergraduate humanities research conference and launched a related journal to

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Property

Online auction begins for surplus Sullivan County Schools property

BLOUNTVILLE, Tenn. — A more than 100-year-old house is part of an online auction of surplus Sullivan County Schools property. The auction includes two lots along Henry Harr Road near West Ridge High School and Interstate 81’s Exit 63. The online auction began Monday and continues through Jan. 22 on the school system’s website. The sale

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Funds

Democrats consider new school funding approaches, with differing opinions | News

House Democrats are advocating for an ambitious bill to change how New Hampshire funds its schools. But not all school funding advocates are supporting it. Sponsored by Rep. Dave Luneau, a Hopkinton Democrat, House Bill 1586 proposes allocating state money to send to schools based on the goal of boosting the school’s academic performance. The

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Loans

What Biden’s new student loan repayment plan could mean for some borrowers

WASHINGTON – Immediate relief for some student loan borrowers is expected to start as early as February. The Education Department said it is speeding up its timeline for bringing forgiveness to borrowers enrolled in President Biden’s new income-driven repayment plan. Millions of federal student loan debt will be wiped away next month under Biden-Harris Administration’s

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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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Funds

Legislator proposes state funds for churches | Local

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Property

Clayton School Board apologizes for ‘misstep’ over purchase of Caleres property

CLAYTON — The Clayton School Board apologized Tuesday for its lack of transparency around the district’s plans for the multi-million-dollar Caleres headquarters and said the property could potentially be sold to a developer. “We are aware that our initial communication was inadequate, and we apologize for the misstep,” reads an email sent to Clayton residents. “Considering

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Funds

BPS budget meeting discusses plan for when ARP funding runs out

BUFFALO, N.Y. (WKBW) — It is a new year but the same goal for Western New York’s largest school district. The Buffalo Public Schools District has to cut $90 million in spending, by the end of the school year. Budget talks among school leaders began in November 2023. The $90 million hole comes from American

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Loans

Why 2024 could be the year student loan borrowers get forgiveness

U.S. President Joe Biden speaks on the student debt relief plan as Secretary of Education Miguel Cardona (R) listens in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022 in Washington, DC. Alex Wong | Getty Images Nearly 40 million Americans would have gotten relief from Biden’s original student loan forgiveness plan.

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