“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
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
Campaigners have issued a “red alert” over language included in the 2024 Federal Aviation Administration Reauthorization Act that could pave the way toward banning student loan cancellation. The current draft of the routine bill bars executive branch officials from cancelling or forgiving student loans taken out to pursue flight training or education at the undergraduate
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
MADISON – People working long hours, sometimes at two jobs, to pay down their student loans do not always have time to carefully sort through all the information to separate the help from the scams. The webinar is a joint effort of the Wisconsin Department of Financial Institutions, the Wisconsin Department of Agriculture, Trade and
Photo: Eric Thayer/Bloomberg via Getty Images More than 43 million Americans — one in five adults — collectively owe more than $1.7 trillion in federal and private student loans. In recent years, the idea of the government forgiving federal student debt went from fringe to mainstream, with both Donald Trump and Joe Biden using emergency
Democrats hope student loan relief may prove to be a winning issue for President Biden in November after he canceled billions in debt despite his loss at the Supreme Court last summer. The White House has touted the president as canceling more student loans than any other administration in history, but Biden has still failed
Student loans and credit cards fuel spike in bankruptcy filings in Minnesota The stack of unpaid bills kept creeping higher for Jenny George of Red Wing, Minnesota. Despite a good-paying job with Goodhue County, George fell into a financial spiral due to rising costs, interest rates and a trip to the emergency room that blew
Share this Story via Text Message, Facebook, X, Gmail, Outlook, or Yahoo Mail President Joe Biden has announced that he will cancel $5.8 Billion in student loans for 78,000 borrowers. The debt he is forgiving is for public service workers, which include teachers, nurses, firefighters and others enrolled in the Public Service Loan Forgiveness (PSLF)
Sen. Elizabeth Warren (D-Mass.) invited the head of student loan servicer MOHELA to testify before the Senate in April regarding the difficulties with the return to student loan payments last fall that left borrowers with inaccurate bills and trouble getting responses on how to fix them. In a letter sent Monday, Warren announced a