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
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
Student Loan Borrowers Get Fresh Start In a monumental move since its launch in August, the SAVE plan has attracted over 75 million student loan borrowers, offering a beacon of hope for manageable debt repayment. President Joe Biden’s recent announcement of federal student loan forgiveness for nearly 153,000 borrowers under this plan marks a significant
President Biden’s SAVE plan, his audacious agenda to cancel student loans for millions of Americans, was immediately embraced by the public when it was revealed in 2022. The President’s administration recently announced it will hand out $1.2 billion to wipe out Federal education loans starting this year, specifically paying it out entirely to Jackson Lemming
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