student loans
Colleges Are Fighting to Prove Their Return on Investment
Colleges are now trying to prove their value, as confidence in higher education drops due to high tuition, student loans and a tough job market. read more >
by Associated Press -
Extra Credit (Hunter Field Editor’s Note)
Americans’ credit card tab is growing. That’s not a bad thing … yet. read more >
by Hunter Field -
Some Americans Will Get Their Student Loans Canceled in February as Biden Accelerates New Plan
Republicans in Congress tried unsuccessfully to block the new repayment plan through legislation and a resolution last year. read more >
by Scott Carroll -
Biden Withholds $2M From Student Loan Servicers After Companies Bungled Billing Statements
The Education Department said Friday it will withhold payments from Aidvantage, EdFinancial and Nelnet for failing to meet their contractual obligations. The servicers failed to send timely statements to more than 750,000 borrowers in the first month of repayment, the agency said. read more >
by Associated Press -
The Pause on Student Loan Payments is Ending. Can Borrowers Find Room in Their Budgets?
Without cancellation, the Education Department predicts borrowers will fall behind on their loans at historic rates. Among the most vulnerable are those who finished college during the pandemic. read more >
by Associated Press -
Student Loan Forgiveness Could Help More Than 40 Million
Fulfilling a campaign promise, President Biden is erasing $10,000 in federal student loan debt for those with incomes below $125,000 a year, or households that earn less than $250,000. read more >
by Associated Press -