Browsing Category
Loan debt
New Zealanders Abroad Face Rising Student Debt
According to Sam Blackmore, co-vice-president of the Union of Student Associations, the approximately 77,500 people abroad who are behind on student loan payments should be offered more incentives to return home. Delinquent debtors owed…
If Biden doesn’t cancel student loan debt, Congress should cancel interest
Will he or won't he? And how much? This is what everyone asked about President Biden and student loan forgiveness. When leaked news that the Biden administration was planning $10,000 in loan forgiveness, many argued that would not go…
$55 million in student debt relief on the way for Pennsylvania nurses
Nurses in Pennsylvania will begin receiving notifications next week about whether they are eligible for a share of the $55 million the state is making available to reduce or erase their student loan debt.The money for Pa. Student Loan…
Student loan debt is another challenge for first-time homebuyers
TEXARKANA — Local mortgage experts say student loan debt is making it harder for young buyers to find good deals in the Texarkana area.
With steadily rising mortgage rates, low housing inventory, and high-priced homes already plaguing…
Student Loan Debt Cancellation Decision Coming End of August
President Joe Biden provided an update on the progress of large-scale student debt cancellation plans. Finally, after several weeks of no movement - or at least no public movement - on his plans to fulfill his campaign promise to forgive…
Biden must cancel all student loan debt, including for those with advanced degrees | Derecka…
MHer sister's girlfriend was murdered in St. Louis in the summer of 2017. She was heartbroken, pregnant, and facing a sheriff who was executing an eviction for nonpayment of rent. Ghosts don't send checks from the grave to pay for the…
Student loan debt a barrier to home ownership in Texas
Adults with student loan debt face increased barriers to owning a home, according to the Texas Real Estate Research Center assistant research economist Clare Losey. Student loan debt makes potential homeowners more at credit risk for…
Interest growth on student loan debt will slow if this new federal rule takes effect
Washington
CNN
—
The Biden administration has a plan to keep interest from increasing borrowers' federal student loan debt balances.…
Student Loan Debt Forgiveness: Will President Biden Cancel It?
The Biden administration is expected to make an announcement soon on a possible student loan forgiveness.
TEXAS, USA — Congratulations on graduation. But sorry for all the IOUs attached to it.…
HBCU students need student loan debt relief promised by Biden
Source: LaylaBird/Getty
SSince taking office in 2020, President Biden has helped forgive more than $12.5 billion in student loan debt for more than 640,000 borrowers thanks to administration push for student loan reform.…
Biden’s plan to prevent skyrocketing interest on student loan debt
Daniel Tapia, 41, obtained his bachelor's degree in dental hygiene more than ten years ago. But his financial…
Student Loan Debt | Courthouse News Service
To provide the best experiences, we use technologies such as cookies to store and/or access device information. Consent to these technologies will allow us to process data such as browsing behavior or unique identifiers on this site.…
Federal Student Loan Debt Cancellation
(NerdWallet) – Summer "will, won't he" student debt cancellation is upon us.
The "he" is, of course, President Joe Biden.
Some 43 million borrowers cling to hope that Biden will take executive action to alleviate at least some…
Canceling student loan debt is just the start
There's a lot we don't know about President Biden yet advance plan for student loan forgiveness. One thing is certain though: while this will benefit millions of borrowers, it will not fix our failing student loan system. We need to…
Here’s how to find out how much you can afford
SDI Productions | E+ | Getty ImagesImpact of debt 'not obvious' for young borrowersAs tuition fees have risen, the average loan balance has tripled since the 1990s, from $10,000 to $30,000. Some 7% of borrowers have more than $100,000 in…
Student Loan Settlement to Pay Off $6 Billion in Student Loan Debt, Forgive Westwood College Loans
(Photo credit: DCStockPhotography/Shutterstock)
Student Loan Debt Settlement Overview:
Who: The Ministry of Education has agreed to a class action settlement with approximately 200,000 student borrowers.
Why: The settlement…
Construction Exceeds Builder’s Debt Collection by City of Nolensville | Nolensville homepage
Performance bonds paint a picture in Nolensville of significant growth underway, although some contractors…
Biden delays gainful employment, pushes for student loan debt protection
Biden is pushing back on implementing the "paid employment" rule on his regulatory agenda.
The rule would prevent student borrowers from taking on too much…
Biden forgives student loan debt for 200,000 borrowers – Forbes Advisor
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.
If you were defrauded by a college and have…
How much will student loan debt cancellation be?
CHICOPEE, Mass. (WWLP) — For those suffering from the burden of student loans, there may be hope on the horizon.
President Biden said Monday that a plan to address this national crisis is underway. Student loan debt has taken…
Strategies to Ease the Burden of Student Debt | Features
US student loan debt is on the rise. According EducationData.org, federal student loan debt has grown at an…
CFPB targets reboot of student loan debt relief scam – Financial Services
June 17, 2022
Sheppard Mullin Richter…
State ranks near top 10 for student loan debt
With a high school diploma in hand and ready to head to college, most graduates have dreams and can't wait to see what awaits them in the next four years.
At the same time, there is one sobering fact incoming students (and their…
Poll: US veterans oppose student debt forgiveness
By RICHIE MALOUF
THE CENTER SQUARE
(The Center Square) — More than three in four military veterans oppose President Joe Biden's proposal to forgive student loan debt, according to a new poll.
The poll by Mission Roll Call, a…
Kentuckians are experiencing crippling financial stress from student loan debt / Public News Service
Kentuckians collectively owe more than $20 million in student loan debt, and a new informal survey sheds light on how high student loan payments are affecting the lives of borrowers across the…
McDonald’s Now Offering Thousands of Debt Relief to Metro Atlanta Employees – WSB-TV…
ATLANTA — McDonalds has launched a program in metro Atlanta and northwest Georgia that forgives some employee student loans.The Student Loan Forgiveness pilot program was launched earlier this year for crew members and managers at the 264…
Student Loan Debt: Will Biden Cancel Debt to Fix Problem? | Opinion
If you had to guess which major political party supports putting more money in the pockets of wealthy Americans, which would you choose? This is a trick question. The real answer is that both do, but…
After Graduation Comes Student Loan Debt | Connecticut and area
As federal lawmakers weigh options for reducing student loan debt, including debt forgiveness and…
Biden administration writes off $5.8 billion in student loan debt for people who attended Corinthian…
Hundreds of thousands of students who attended the for-profit chain Corinthian Colleges will automatically get their canceled federal student loansthe Biden administration announced on Wednesday a move that seeks to end one of the…
Cancel Student Loan Debt | Editorials
I borrowed money to pay for my studies. Like 45 million other Americans who have done the same, I have…
How Biden’s plan to cancel $10,000 in student loan debt polls
Placeholder while loading article actionsWe finally learned what President Biden plans to do in the face of longstanding pressure from his left to write off student loan debt. And he eschews bold moves in favor of what appears to be the…
Scammers Target Consumers With Fake Student Debt Relief Offers
Extended student loan payment break gets criminals out of the woods
05/27/2022
Photo (c) designer491 - Getty ImagesIn April, federal…
Student Loan Debt: The $1.6 Trillion Problem Dividing Democrats
In March 2020, as the COVID-19 pandemic began to have devastating effects on the U.S. economy and public health, and Joe Biden edged closer to the Democratic presidential nomination, he made a commitment:
We should cancel a…
Biden’s cave left on student loan debt has a political price
President Biden's left cave on student loan debt forgiveness has a potential political price, sparking a backlash among ticked voters who have already paid off their loans or sent their children to college with their own funds.
Biden is set…
Western House Democrats Talk Primary Inflation, Student Loans | 406 Politics
In one of the most expensive communities in the state, the three Democratic primary candidates for the new US House seat in western Montana each tried to convince voters that they would be the best choice to meet the high…
Nelnet CEO Says Student Loan Debt Is ‘Too Much’ | Local business news
It might sound strange to hear the CEO of one of America's largest student loan companies say that student debt is a problem, but that's exactly what Jeff Noordhoek sees.The CEO of Nelnet showed shareholders a chart at…
Anonymous donor wipes out $300,000 student loan debt for more than 100 Texas graduates
The graduation ceremony itself is an emotional day for every student, isn't it? After all, this marks the end of our academic journey and takes us to the next stage of our career. But for some students from the state of Texas in the United…
Where is forgiveness? Student loan debt hits new high
New Data released earlier this week by the Federal Reserve Bank of New York revealed that student loan debt hit a new record high in the first quarter of 2022. The record total debt of $1.59 trillion represents an increase of $14 billion…
Former UW student with $100,000 student loan debt says no to Fed loan forgiveness
***For all things Wyoming, sign up for our daily newsletter***
By Leo Wolfson, Cowboy State Daily
Gillette resident Molly Wiesner may be facing more than $100,000 in student loan debt, but she doesn't…
Report – NBC Los Angeles
If you've recently attended college – or know someone who has – you know this isn't for the financially sensitive.
College is a stressful experience for many, aside from the financial burden it places on students and…
Here is the average student debt in Alabama
More than 40 million Americans have some $1.7 trillion in student debt. What will happen to this debt - and if all this will be forgiven via the intervention of the White House - that remains to be seen.The average student debt in each…
Here’s how much each state’s residents owe
(NEXSTAR) - Despite recent rounds of forgiveness for thousands of borrowers, nearly 43 million Americans are responsible for about $1.6 trillion in federal student loans.
The Biden administration has signaled it intends to move…
New York Attorney General Seeks Full Forgiveness of Federal Student Loan Debt
NEW YORK CITY (WROC) - New York Attorney General Letitia James is asking President Joe Biden to fully forgive federal student debt owed by every federal borrower in the county.
In a letter to the president, James - along with a…
Erasing student loan debt could disproportionately benefit America’s wealthy
FOX Business' Lydia Hu speaks to student borrowers frustrated by Biden's extension of the moratorium on federal student loan repayments. President Biden relaunched the ability to erase some student loan debt for millions of Americans,…
How Much Should Biden Forgive?
"The 360" shows you diverse perspectives on the major stories and debates of the day.What is happeningPresident Biden said Thursday that he was "carefully considering" the possibility of and will make its final decision "in the coming…
Biden’s Student Loan Debt Cancellation Problem
Lawmakers in his party continue to bring the issue to the fore, urging the president to forgive $50,000 for each of the 43 million federal borrowers. — something he's shot several times, including on Thursday. But these measures have done…
Warren urges Biden to write off student loan debt before midterm: ‘The power is clearly…
Democratic Senator Elizabeth Warren on Sunday renewed her efforts to get President Biden to set aside billions of dollars in student loan debtsaying the measure would take the burden off tens of millions of borrowers while boosting…
Louisiana student loan debt now stands at $22.5 billion; Would undoing it solve the problem? |…
Ashton Duplechain and his fiancée, Leigh Jolivette, left their longtime Lafayette home and moved to Kansas…
Here’s who is eligible for student debt relief after Biden’s latest actions
The latest measures, announced earlier this week, help borrowers enrolled in what is known as the income-based repayment program, or IDR. Approximately 9 million borrowers with over $500 billion in outstanding federal student loans…
Gutfeld says he would ‘go to war’ to stop student loan debt cancellation
Greg Gutfeld said he would be ready to "go to war" over the issue of student debt forgiveness.
During Tuesday's edition of The Five, the panel discussed the usefulness of college degrees. Co-host…
Rock Island County Still Owes Nearly $2.5 Million in Debt for Former Hope Creek Care Center | Local…
Rock Island County still owes millions of dollars in debt to Hope Creek Care Center, the county's former retirement home. In a report to county board members Wednesday night, Rock Island County Treasurer Louisa Ewert said…
2 nonprofits offer student debt relief for those who want to move and work in Enid
ENID, Okla. (KFOR) - Two non-profit organizations are launching a program offering up to $10,000 per person in student debt relief to people who want to relocate and work in the city of Enid. Program officials said it is a talent…
Federal student loan debt payments suspended until August – NBC 6 South Florida
The Biden administration has announced that the student loan payment suspension in place since 2020 is being extended again.
That means millions of people who have federal student loans don't have to start their payments…
President Joe Biden hasn’t ruled out canceling student loan debt, as progressive lawmakers…
President Joe Biden has again extended the pause on student loan repayments until August 31, 2022.READ MORE: Federal student loan payment freeze extended through AugustAlthough the latest extension has only reignited pressure for the…
The median American has no federal student loan debt
Less than half of Americans have student loan debt, which means the median debt is $0. But the average student loan debt for Americans is just under $5,000.
President Joe Biden announced on April 6, his administration…
Urgency Grows in Managing Student Loan Debt for Older Americans / Public News Service
North Dakota has some of the lowest student loan debt ratios in the United States, but as in all states, payments are a growing burden for older people, not just younger populations.Borrowers are advised to…
New News About Student Loan Debt
By LaKeshia N. Myers
Representative LaKeshia Myers
I am one of 3.2 million Americans who have student loan debt over $100,000. While the Biden administration has worked tirelessly to strengthen loan forgiveness programs and reduce the red…
What’s next for student loan debt? – NBC 5 Dallas-Fort Worth
Most people can quote, off the top of their mind, how much they owe in student loans.
"We have 45 million Americans who have student loan debt," said Kat Welbeck, director of advocacy and civil rights for the Student…
How to pay off $30,000 in student debt
Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as "Credible", is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us…
The Impact of Inflation on Student Loan Debt
NEW YORK – March 25, 2022 – (Newswire.com)
iQuanti: Inflation may seem abstract, but it has a significant impact on almost everyone, regardless of their financial situation. Although inflation usually happens year-on-year in the…
The Greens promise to REMOVE all student loan debt from Australians if the party holds the balance…
The Greens promise to REMOVE all student loan debt from Australians if the party holds the balance of powerGreens hope to hold balance of power after May federal election Their policies include free education and the…
Former US education secretary wants government to forgive all student loan debt
Former US Education Secretary John King has a bold proposal to accelerate the country's economic recovery from the coronavirus pandemic and putting millions on a better path to financial security: Forgive all the $1.7 trillion Americans…
Students in debt could get $25,000 off their taxes and a bigger and bigger return
Americans with student loan debt could benefit from a $25,000 reduction in their taxes and an ever-increasing return.Here's how. Social Security: get the maximum of $4,194 per month in benefitsLast December, President Biden suspended all…
Senator Whitehouse wants to cancel student loan debt for frontline health workers and teachers
Meaghan McCabe, a spokeswoman for Whitehouse's office, told the Globe that these important contributions could come through the care of COVID-19 patients, medical research, vaccine testing or expanding the capacity of the health system to…
The jury is still out on this $1.6 trillion student loan debt
The two-year pause for repayment of non-private student loans is about to end. On May 1, for 43.4 million borrowers across America, the pandemic 0%…
Struggling with student loan debt? Credit Karma’s New Payment Relief Experience Could Help
Credit Karma seeks to help Americans who sacrifice their necessities make their federal student loan payments through personalized debt relief options and possible loan forgivenessOAKLAND, Calif., March 10, 2022--(BUSINESS WIRE)--Credit…
Chipper Raises $5.6M to Eliminate Student Loan Debt and Address Latinx Funding Gap
AUSTIN, Texas--(BUSINESS WIRE)--Crusher, the app that helps student borrowers reduce debt faster, today announced it has received a seed investment of $5.6 million. The round was led by Freestyle Capital, Slauson & Co. and…
This is the average student loan debt in each state
New data from the Institute for College Access & Success shows where the Class of 2020 has the highest student loan balances. (iStock) A college degree gives graduates the chance to get higher-paying jobs in specialized…
Biden should ‘unilaterally’ cancel student loan debt, says Obama education secretary
Former Secretary of Education John B. King, Jr., who served in the Obama administration, urged President Biden to cancel student debt through executive action. (iStock) Student debt is a costly burden for millions of Americans…
Your chances of getting rid of student debt depend on who you are
(The Conversation is an independent, nonprofit source of news, analysis, and commentary from academic experts.)
Kelsey Lynne Hess, Florida International University; Andrea…
Why it’s concerning for experts
subjug/iStock.comThere is a direct correlation between higher education and higher salaries; but, for millions of Americans, the dream of college is only achievable through student debt nightmare. The country's 45 million student…
Expert says issues like canceling student debt and gender pay gaps can benefit from diversity of…
LAWRENCE — For its history as a science, economics has struggled to recruit both women and underrepresented minorities into the major field of study and profession.
Josephine Lugovskyy, director of the KU Economics URMW pipeline program at…
Cancel student loan debt, by Charlene Crowell | Richmond Free Press
One of President Biden's first executive actions exercised his granted authority in the Higher Education Act.
On May 1, the federal pause on student loan repayments is due to expire. As the end of the extension approaches, an…
Biden administration writes off another $415 million student loan debt: Are you eligible?
Nearly 16,000 borrowers will receive $415 million in student loan forgiveness after the Department of Education approved a series of Borrower Defense Applications on February 16. (iStock) If you borrowed federal student loans to…
President Biden’s Policy on Canceling Student Loan Debt (VIDEO)
By Joe St. GeorgeFebruary 22, 2022When President Biden ran for office, he pledged to cancel student debt, but he has not acted on his own to do so since taking office.The Biden Administration announced last week he had canceled more than…
Department of Education writes off $415 million in student loan debt for 16,000 borrowers
Brian Wesbury explains the potential consequences of the president's idea and explains how the administration is urging people not to work on 'Making Money' The Department of Education announced this week that it will cancel $415…
HBCU Loan Debt: Student Freedom Initiative Saves Black Students
Mark Brown, Executive Director, Student Freedom Initiative. | Source: Student Freedom Initiative / Student Freedom Initiative
IIt's no secret that the impact of student loan debt can be crippling for the future of many people…
Have you received student loan debt relief? Know the tax consequences
According to a recent estimate, the total amount of student debt outstanding is approximately $1.75 trillion. Of this amount, federal student loans total approximately $1.59 trillion. According to same source, about…
Student loan debt: Department of Education writes off $415 million for victims of fraud
This is the latest effort by the Biden administration to forgive student loan debt for borrowers who may already be eligible for debt relief but are still waiting for their documents to be processed. The agency has eaten up a backlog…
CAMPUS SURVEY: Is Biden doing enough for student loan debt?
NEWYou can now listen to Fox News articles!
BOULDER, Colo. – Students at the University of Colorado at Boulder have weighed in on the Biden administration's handling of student loan debt. 'Biden has done a great job so far, but I'd like…
Even Divorce Might Not Free You From Your Ex’s Student Loan Debt
Angela Powell met her "prince" during her freshman year of college. She dreamed of a happy marriage, a successful career and two wonderful children. After graduating, she got married and started the other two, attending business…
Pay off student loan debt on Live. Job. Player.
CHESLA joins Live. Job. Player. to talk about the employer student loan repayment option.
HARTFORD, Conn. — Josh Hurlock, Deputy Director of CHESLA joins this edition of Live. Job. Player. to explain their…
Axios Austin readers weigh in on student loan debt
axios on facebookAxios on TwitterAxios on LinkedInAxios by emailIllustration: Aida Amer/AxiosReaders have shared many thoughts on the impact of student loan debt and the ongoing repayment pause on them.Driving the news: Americans were…
Student Loan Debt and Mental Health | News
LAFAYETTE, La. — For most of the world, school hasn't even opened for a month, but new research shows…
Ohios in student loan debt must make a decision
axios on facebookAxios on TwitterAxios on LinkedInAxios by emailIllustration: Aida Amer/AxiosAmericans were originally scheduled to start paying off their student loans today after nearly two years of suspended payments and 0% interest…
Student loan debt is hurting the mental health of most borrowers
Kate Quick, 43, said her student loan debt was causing stress and anxiety for her and her family.Courtesy of Kate QuickWhen Kate Quick, 43, completed her MFA at the University of Alaska Fairbanks 22 years ago, she had taken out around…
Average Law School Student Loan Debt
The path to practicing law can lead to a successful career helping individuals and businesses meet the challenges of legal litigation. Lawyers are also well paid; according to Bureau of Labor Statisticslawyers earn almost $150,000 on…
Majority of borrowers say Fed student loan debt isn’t worth it, CNBC survey finds
Yet many millennials and Gen Xers are far more skeptical. Some 63% of respondents between the ages of 35 and 44 said that, given their current situation, it was not worth taking out federal student loans. The average loan amount for…