cancel student loan debt
Friday evening ended with a blocking to frustrate all, a federal appeals court has temporarily blocked President Biden’s student loan forgiveness plan halting any debt from being erased. This ruling comes less than a week after the application portal went live. Nearly 22 million people (more than half of qualifying borrowers) have signed up. White […]
After speculation of student loan payments continued extension, President Biden announced Wednesday he is extending the pause on student loan payments until May 1st. Originally, the pause on the payments was scheduled to continue on February 1st, since they have been on pause due to the pandemic. The Biden Administration continued the pause due to […]
After speculation that the student loan payment plan will continue at the beginning of February, it is rumored that the Biden Administration might extend the payment pause and interest waiver for most borrowers once again. This big news will aid over 42 million Americans who owe on their federal student loans. It is reported that […]
Ohio State has announced the launch of a new 10-year plan to raise $800 million to eliminate all loans from financial aid packages given to undergraduates. Ohio State graduates more than 8,000 undergrads a year. The university says about half of those students graduate with debt and on average, graduates leave the university owing about […]
Good news for those with student loan debt, the Department of Education announced that federal student loan payments will remain on pause through the end of January. The payments were set to resume in October. Thanks to the CARES Acts, then from former President Donald Trump, former Education Secretary Betsy DeVos, and President Biden, loan […]
New York & Massachusetts Democratic Senators Chuck Schumer and Elizabeth Warren, are looking for ways to jumpstart the economy. One of the ideas they are looking into involves cancelling student debt for Federal borrowers. Yesterday, the Senators introduced a resolution that asks the president to cancel up to $50,000 of student loan debt in an […]
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