Eligible borrowers who consolidate their student loans could qualify for some debt forgiveness, or receive credit for loan forgiveness, as part of a one-time adjustment this summer from the U.S. Department of Education.More than 3.6 million borrowers with Direct Loans will receive at least three years of credit toward loan forgiveness, and many will see their loans forgiven automatically.The move is part of the Biden administration's push to provide student debt relief after his one-time student...
President Joe Biden on Wednesday announced the approval of more than $6.1 billion in student loan debt relief for nearly 317,000 borrowers who were enrolled at any Art Institute campus from January 2004 until October 2017.
Last week, President Biden visited Madison, Wisconsin where he announced new details for his student debt cancellation plan. While this initiative promises immediate short-term financial relief, it avoids addressing the deeper systemic issues plaguing American higher education. “Starting this fall we plan to deliver up to $20,000 in interest relief to over 20 million borrowers […]
After the Supreme Court blocked President Joe Biden's first plan to forgive student debt, his administration set out to create a more viable relief package.
The Biden administration's latest plan to wipe out federal student loan debt for millions of borrowers could add up to $750 billion to the national deficit, according to a Tuesday report from the Committee for a Responsible Federal Budget.So far, the White House has announced $150 billion in so-called student loan "forgiveness" programs over the last year following the Supreme Court's June decision to reject unilateral loan cancellations. The previously rejected program would have wiped out $430...
President Joe Biden has worked to woo young voters with his student loan forgiveness plan, but he is still lagging with the demographic in polls against former President Donald Trump. In two polls released on Thursday, Biden has smaller leads over Trump with young voters than four years ago — in a group he needs […]
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About 7 million New Yorkers plan to leave the state, a new survey revealed this month.In a new Marist poll, 37 percent of New Yorkers—roughly 7 million people—said they plan to move away. The number was slightly more concentrated among Republicans, as 46 percent said they plan to leave the state compared to just 29 percent of Democrats.: How to Sell Your HomeThe mass migration echoes a trend that gained momentum during the COVID-19 pandemic and continued in the years that followed as Northerners...
This is not a new initiative — it’s the last chance to participate in one of the administration’s first and most successful efforts to reduce the mountain of student debt.
This is not a new initiative — it’s the last chance to participate in one of the administration’s first and most successful efforts to reduce the mountain of student debt.
Californians who obtained federally backed student loans from private banks can have some or all of their remaining debt forgiven by the Biden administration, but they need to act fast: The deadline for qualifying is Tuesday. The relief is available for students enrolled in income-driven repayment plans or the Public Service Loan Forgiveness program. It's also available for some parents who borrowed through the Federal Family Education Loan program. This is not a new initiative, however —...