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student loan

SoFi Stadium in Los Angeles
Banking & Finance / Legal

SoFi Bank Sues to Block Biden’s Student Loan Payment Pause

The bank says its federal student loan refinancing business has suffered because borrowers have little incentive to refinance while payments and interest remain on hold. read more >
President Joe Biden delivers remarks at the U.S. Department of Defense in February 2021
Banking & Finance / Education / Government & Politics

Feds Propose ‘Student Loan Safety Net’ Alongside Forgiveness

If it's finalized, the proposal would give a major overhaul to income-driven repayment plans — one of several payment options offered by the federal government. read more >
Banking & Finance / Education / Legal

Federal Judge Weighs Effort to Halt Student Loan Forgiveness

Arkansas is one of six Republican-led states that sued over the plan. read more >
President Joe Biden during a NATO news conference in Brussels, Belgium in March 2022
Banking & Finance / Education / Legal / Small Business

Small Business Group Sues Over Biden Student Loan Plan

Elaine Parker, president of Job Creators Network Foundation, slammed the program as executive overreach and complained that it does nothing to address the root cause of rising debt: the "outrageous increase in college tuition that outpaces inflation every single year." read more >
A Navient office building in Indianapolis 
Education / Legal / Public Companies

Navient Settles Predatory Student Loan Claims for $1.85B

The settlement includes $1.7 billion in debt cancellation and $95 million in restitution. read more >