This week wasn’t the first time – nor will it likely be the last – that legal hurdles put a damper on President Joe Biden’s signature student loan forgiveness policies. In separate rulings Monday, federal judges in Missouri and Kansas blocked parts of the president’s income-driven repayment program known as Saving on a Valuable Education,
New Jersey is offering up to $50,000 in student loan relief to healthcare and social service professionals. New Jersey announced $17 million in student loan relief for group home aides and other health care workers, part of an effort to attract and retain staff in fields fraught with turnover and vacancies. Up to $50,000 in
Being a military spouse is a cost burden and a hindrance to my career opportunities. As a military spouse, the weight of student loan debt compounds the challenges I face in supporting my family and pursuing my own career aspirations. While I wholeheartedly support my partner’s service to our country, I deserve support, too. The
Student loan repayments restarted last fall after President Biden’s forgiveness plan was stopped by the Supreme Court. Still, the president and Department of Education are working to forgive as many loans as possible and with a new plan proposed, news around student loan forgiveness can be confusing. Here’s the latest on who is eligible for
Student loan borrowers should keep eyes on their accounts in the coming months as the Biden administration pushes forward with student loan relief initiatives. Following the Supreme Court’s block on Biden’s initial forgiveness program in 2023, the administration has continued to implement a series of programs to assist some of the 43.2 million borrowers struggling under America’s $1.6 trillion in
Student loan borrowers should keep eyes on their accounts in the coming months as the Biden administration pushes forward with student loan relief initiatives. Following the Supreme Court’s block on Biden’s initial forgiveness program in 2023, the administration has continued to implement a series of programs to assist some of the 43.2 million borrowers struggling
Two months ago, Jacksonville ranked in personal finance company WalletHub’s top 10 U.S. cities where residents are the most financially stressed. Just last week, Florida ranked in Forbes Advisor’s top 10 states where it’s most difficult for residents to save money and the Miami metro area ranked in the top five metro areas where it’s
Christine Hensley is chair of the Iowa Student Loan Liquidity Corp. board. Steven McCullough is CEO of Iowa Student Loan Liquidity Corp. Editor’s note: The April 21 Register editorial “Student borrowers shouldn’t be asked to sign away their rights” noted court filings within the preceding month when Iowa Student Loan had filed previously signed confessions
Student loan season, also known as when students file for financial aid, looks a little different this year. Some changes to application forms and deadlines for the 2024-2025 academic year can bring confusion, and scammers can take advantage of those who are clouded with it. The Biden administration announced a student loan forgiveness program near
This week, the Biden Administration announced a plan to cancel $7.4 billion in student loans for 277,000 borrowers. The U.S. Department of Education reports that Texans have the second-highest amount of student debt, behind Californians. 3.8 million students owe $33,400 on average. Fewer than 20% of Texas borrowers are on an income-driven repayment plan. Here’s