Borrowers hoping for student loan forgiveness have just a few more days to act before an April 30 deadline.
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.
Certain federal loan holders must consolidate by April 30 to qualify through Income-Driven Repayment and Public Service Loan Forgiveness.
If you’re confused about President Joe Biden’s various student loan debt-cancellation schemes, who can blame you? And on Tuesday, the Biden administration unveiled its third Read More
The Biden administration released the draft text of its revised student loan forgiveness plan. Here's what to know.
The Department of Education just shared the first draft of the proposal’s rules, and there’s a lot to break down.
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.
Education Department unveils new rules focused on canceling loan interest. Unveiled rules are part of the larger Biden effort to cancel student loan debt. Efforts could impact 30 million borrowers when combined with other steps
Great news for Ben & Jerry's fans. Ben & Jerry's will hold a “free cone
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 […]
Michael RaineyApril 16, 2024The Department of Education on Tuesday released a first set of draft rules for President Joe Biden’s proposed plan
President Joe Biden's new student loan forgiveness plan is narrower than his first effort. For critics of debt relief, that might not make a difference.