May 10, 2024
Loans

Biden’s Student Bailout Sends Tax Funds To On-Campus Mobs

In remarks regarding the growing unrest on college campuses nationwide last Thursday, President Biden denounced the violent acts associated with many of the demonstrations and the growing wave of antisemitism on college campuses. But, as the saying goes, talk is cheap. There’s one simple way to give his position teeth: Congress should enact legislation prohibiting

Read More
Loans

Court Extends Student Loan Forgiveness Deadline In Settlement Dispute

US President Joe Biden speaks about student loan forgiveness as Education Secretary Miguel Cardona … [+] looks on in the Roosevelt Room of the White House in Washington, DC, on June 30, 2023. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images A federal court has agreed

Read More
Loans

Latest Loan Cancellation Announcement Won’t Fix Deeper Issues

WASHINGTON, DC – JANUARY 02: Student loan borrowers gathered at the Supreme Court today to tell the … [+] court that student loan relief is legal on January 02, 2023 in Washington, DC. (Photo by Larry French/Getty Images for We, The 45 Million) Getty Images for We, The 45 Million Last week, the Education Department

Read More
Loans

My Uber Driver Just Doesn’t Get Student Loan Forgiveness

“Sure,” I said. “And not just me! I mean, Representative Bobby Scott says it’ll ‘be lifechanging for millions of student loan borrowers.’ AFT president Randi Weingarten says the president is determined ‘to remove the shackles of student debt’ in order ‘to improve people’s lives.’” My driver didn’t seem to share my bliss. “They chose to

Read More
Loans

Court Blocks Biden Student Loan Forgiveness Rule For Key Program, Leaving Borrowers In Limbo

WASHINGTON, DC – APRIL 12: U.S. President Joe Biden gives remarks from the South Court Auditorium in … [+] the Eisenhower Executive Office Building on the White House campus on April 12, 2024 in Washington, DC. The Biden administration’s student loan forgiveness initiatives face multiple legal challenges. (Photo by Anna Moneymaker/Getty Images) Getty Images A

Read More
Loans

Congress Wants To Ban Mass Student Loan Forgiveness For This Group

A bipartisan Senate bill reauthorizing appropriations for the FAA would also ban mass student loan … [+] forgiveness for undergraduate students who attend flight schools. getty A proposed bill in Congress would ban mass student loan forgiveness for borrowers who attended certain professional training programs, and advocates are sounding the alarm that this could be

Read More
Loans

Biden Plans To Make This Student Loan Forgiveness Benefit Permanent

US President Joe Biden speaks at the US Capitol in Washington, DC, on March 15, 2024. Biden’s budget … [+] proposal released last week includes a provision making a student loan forgiveness tax benefit permanent. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images President Joe Biden

Read More
Loans

Why Boomers Have the Most Student Loan Debt — And How They Can Shrink It Fast

Ben Roberts / Twenty20.com The average student loan for boomers — those born between 1946 and 1964 — is a whopping $43,554. And even though they are an older generation, boomers’ student loan debt is more than the debt of any other generation. Check Out: Frugal People Love the 6 to 1 Grocery Shopping Method:

Read More
Loans

Up To 7 Million Student Loan Borrowers May See Payments Drop In July

speaks in the State Dining Room of the White House on March 5, 2024 in Washington, DC. Biden recently announced new student loan forgiveness approvals for borrowers enrolled in the SAVE plan. (Photo by Nathan Howard/Getty Images) Getty Images Millions of student loan borrowers are set to experience a reduction in their monthly payments. The

Read More
Loans

Are FFEL loans eligible for forgiveness?

(NewsNation) — A sticking point in a federal program that ended in 2010 may leave many who sought student loan forgiveness twisting in the wind. The Federal Family Education Loan (FFEL) program worked with private lenders to provide education loans guaranteed by the federal government. That program, however, ended more than a decade ago, and

Read More