Michael RaineyMay 2, 2024The Biden administration on Wednesday announced it would erase roughly $6.1 billion in additional student loan
The Federal Trade Commission is warning about scammers targeting people with promises to cancel their student loans, and critics say President Joe Biden fueled the fire himself. Biden has been pledging to cancel student loans since the 2020 presidential campaign and has rolled out a wide range of programs and proposals toward that end. While his […]
Student loan forgiveness for public-sector workers like teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the program in-house.
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.
Rep. Kevin Hern called Wednesday for Republicans to turn their sights on President Joe Biden's renewed push to transfer student loan debt to American taxpayers.
The path to student loan forgiveness has been tumultuous at best, and some borrowers eligible for relief may have missed a key deadline to consolidate their student loans. Borrowers had until April 30, 2024, to consolidate their federal student loans into one Direct Loan to help maximize their student debt relief. While you can still
You can consolidate your loans online in a half hour to potentially
People with certain federal student loans have until Tuesday to consolidate them and qualify for debt cancellation. The Department of Education is reviewing over 40 million loan accounts and issuing credit for past payments that previously didn’t count toward forgiveness. Also in this episode: a look at the latest inflation reading, Americans’ savings habits and pop-up coworking spaces.
California Governor Gavin Newsom issued a warning for President Joe Biden on Sunday about independent presidential candidate Robert F. Kennedy Jr.'s effort to be on the ballot in this year's election.Former President Donald Trump and Biden have clinched the nominations of the Republican and Democratic parties, respectively, with each having won a majority of the state primary contests as they seek reelection this year to a second term. However, a 2020 rematch is an unpopular one, with voters...
By Adesina Wahab Just like the Tertiary Education Trust Fund, TETFund, which is meant to be an intervention agency in the education sector, especially at the tertiary level, the Nigerian Education Loan Fund, NELFUND, has been set up to also provide succour for the sector. However, both agencies are not for the benefit of private […]
Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan cancellation or credit toward cancellation. The Education Department is expected to conduct a one-time adjustment in the summer but borrowers who want to be considered for the adjustment have to submit a request to consolidate their loans by Tuesday. This one-time adjustment is meant to show a more accurate payment count for student loan borrowers.
Certain federal loan holders must consolidate by April 30 to qualify through Income-Driven Repayment and Public Service Loan Forgiveness.