Washington — President Biden said he is “taking a hard look” into forgiving some federal student loan debt on Thursday, but the amount he is considering is less than $50,000 per borrower, ...
Tag: Student
Biden says he won’t cancel $50,000 in student loan debt but will have an answer on forgiveness in a few weeks
President Joe Biden threw cold water on calls for large-scale student loan debt cancellation during a speech Thursday. He will not cancel $50,000 in debt for every borrower, as some Democrats are push...
Biden May Cancel ‘Some’ Student Debt—But Rules Out Canceling $50,000 Per Borrower
Topline President Joe Biden said Thursday he’s considering canceling “some” debt for federal student loan borrowers, but added he is not looking to cancel $50,000 in debt per borrowe...
What Should Republicans Do If Biden Forgives Student Loans?
2020 Democratic presidential hopeful former US Vice President Joe Biden speaks during the Women’s … [+] Leadership Forum Conference on October 17, 2019 in Washington DC. (Photo by Eric BAR...
Biden May Cancel Student Debt Soon, Lawmakers Say After Meeting
Topline President Joe Biden appears poised to likely cancel at least some federal student debt for millions of Americans, he signaled to lawmakers this week according to multiple reports, after White ...
Biden looking at forgiving most fed student loan debt, says Hispanic Caucus
President Biden is looking at different options to forgive most, if not all, federal student loan debt – a move that would thrill some of his most loyal supporters and financially strapped students na...
Young Americans Overwhelmingly Want Government To Help Student Debt—But They’re Split On Canceling It, Poll Finds
Topline More than 80% of Americans ages 18 to 29 want the government to take action when it comes to student debt relief, a new Harvard Youth Poll finds, but as the Biden Administration mulls whether ...
Berkeley International Student Athlete Sam Alajiki Signs NIL Deal
Irish student athlete Sam Alajiki has signed an NIL deal with UK-registered company … [+] NextUpRecruitment (Photo by Matt Cohen/Icon Sportswire via Getty Images) Icon Sportswire via Getty Image...
‘My degree has not led to greater income.’ Can I get rid of old student loans?
How to get out of student loan debt Getty Images/iStockphoto Question: I have a degree, and I’ve been paying the student loan for about 25 years. I switched to income-driven repayment in 2011. The loa...
Biden administration to erase student debt of more than 40,000 borrowers
The Biden administration continued its student loan cancellation effort on Tuesday by announcing that 40,000 borrowers would see their student loans become eligible for discharge under the Public Serv...
Biden administration launches student loan review, says 40,000 borrowers will see debt canceled
The Department of Education announced Tuesday a new review of its student debt portfolio, which it says will correct for past mistakes that denied 3.6 million borrowers credit toward student loan forg...
Biden Administration Will Broaden Student Loan Forgiveness Programs For Millions Of Borrowers
Topline The Department of Education announced a plan Tuesday to immediately forgive student loan debt for at least 40,000 Americans—and move another 3.6 million borrowers closer to loan forgiveness—us...
My ex-husband encouraged me to drop out of college after a year, and now I’m struggling to repay my student loans. Is there anything I can do?
It’s also important to make sure you don’t neglect the emotional impact of this situation. Getty Images/iStockphoto Question: I took out a student loan in 2006, but my ex-husband was very controlling,...
Getting a Mortgage While Being a Student
A home is probably the largest purchase you’ll ever make in your lifetime. It requires a lot of time and discipline. But it’s a decision that shouldn’t be taken lightly. After all, i...
Top Democrat on student loan forgiveness
A top Democratic lawmaker said that progress was being made to push the White House to cancel student loan debt. “I have told the president, this is one of the most important things he can do to...
‘It seems a bit like Lucy pulling the football away.’ Student loan borrowers got another break on payments — what comes next?
President Joe Biden extended the lifeline the federal government has provided to most student-loan borrowers during the pandemic. But that doesn’t mean these borrowers are feeling any more assured of ...
I’m 62 with $100K in student loans and $13K in credit card debt. What can I do?
How to get out of student loan debt Getty Images/iStockphoto Question: I work as a nurse for a small for-profit agency. I am salaried and have no option for overtime. I only have every other weekend ...
Do I resist refinancing my $160,000 federal student loan at a lower rate in the hope there will be loan forgiveness? What are the chances it will happen?
I graduated from college in 2017 with more than $210,000 in federal student-loan debt thanks to out-of-state tuition, a master’s program, and not fully understanding this cost at that time. I’ve chise...
We are both doctors but struggle with $472K in student loans. Can we get help?
How to get out of student loan debt Getty Images/iStockphoto Question: I have $237K in loans and my wife has $235K in loans. We are not currently making any payments [thanks to government relief] but ...
‘Going to college ruined my life.’ I have $85K in student loan debt for my ‘useless degree’ but only make $16 per hour. How can I cope?
I would give anything to go back and not go to college at all. It wasn’t worth it. iStock Question: I am 32 and got my associates degree in occupational therapy. I owe $25,000 in federal student loans...
Biden Extends Pause On Student Loan Payments Through August 31
Topline President Joe Biden on Wednesday announced the nationwide moratorium on federal student loan repayments will be extended again, from May 1 to August 31. Federal student loan payments havenR...
The federal student loan pause is being extended through August
President Joe Biden will extend the pause on federal student loan payments once again, this time likely through the end of August 2022, several news outlets have reported, citing sources familiar with...
White House Reportedly Plans To Extend Student Loan Moratorium This Week
Topline The Biden Administration could announce an extension to its student loan debt moratorium as early as this week, granting a reprieve to the 43.4 million borrowers who would otherwise be require...
I have 4 degrees and owe $197K in student loans. What should I do?
How to get out of student loan debt Getty Images/iStockphoto Question: I am 55 and a mental health therapist. I have $197,000 in student loans that were for four degrees, plus some in Parent Plus loa...
Has the student loan pause done any good?
Two years after the chaos of the pandemic prompted Congress to pause federal student loan payments, new data show many borrowers have used that extra room in the budget to shore up their overall finan...
Shocking Report Show Complete Mismanagement Of Your Student Loans
President Joe Biden (Photo by Alex Wong/Getty Images) Getty Images A new, shocking report shows complete mismanagement of your student loans. Here’s what you need to know — and what it means for your ...
I have $80K in student loans and work 60 hours a week. How can I deal?
How to get out of student loan debt. Getty Images/iStockphoto Question: I’m strapped but want to be free. I have $80,000 in student loan debt. I work 60 hours a week in 12-hour shifts just to make en...
We took out $55K in student loans and 22 years later, the balance has not budged
How to get out of student loan debt. Getty Images/iStockphoto Question: I graduated in 2000 with about $35K in student loan debt. My wife also had about $20K in student loan debt. They were mostly f...
‘I feel deceived’: After 20 years of paying my student loan, I discovered I don’t qualify for forgiveness. My loans total $167,000. What can I do?
I took out loans for professional/graduate school during the years 1993 to 1996. I took out about $54,000 in loans. In 2002, I consolidated all my federal loans. The balance is approximately $167,000....