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Millions of Student Loan Borrowers Are Closer to Being Debt-Free. What to Know About the Changes
Here’s what borrowers need to know about the U.S. Department of Education’s plans to overhaul the student loan system.
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Higher-Education Expert Proposes New Way for Biden to Cancel Student Debt Without Congress
Higher-education expert Mark Kantrowitz argues federal student loans could be forgiven via regulatory changes set by the executive branch.
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Department of Education Says Owners of Troubled Private Colleges Will Be on the Hook for Costs to Taxpayers
The U.S. Department of Education says it will hold the owners of certain colleges that closed or defrauded students accountable for taxpayer losses.
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Student Loan Delinquencies Could Return to Pre-Pandemic Rate When Payments Resume. What Borrowers Can Do Now
“Serious delinquency rates for student debt could snap back from historic lows,” wrote Lowell Ricketts of the Federal Reserve Bank of St. Louis.
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Half of Student Loan Borrowers May Be at Increased Risk of Delinquency, GAO Report Finds
After two years of federal student loan payment suspensions, the government expects it will not be easy to get millions of borrowers back into repayment.
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Education Department Forgives $415 Million in Student Debt for Borrowers Who Attended For-Profit Schools
Nearly 16,000 student loan borrowers who attended for-profit schools will get their debts cleared, the U.S. Department of Education announced.
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Education Department Suspends Seizure of Tax Refunds, Social Security for Overdue Student Loans Until November
The federal government can seize certain payments to satisfy delinquent debts. The U.S. Department of Education suspended the practice until after Nov. 1.
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Student Loan Debt Hurts the Mental Health of Most Borrowers, Survey Finds
Most borrowers, 62%, say student loan debt negatively affected their mental health, according to the Invest in You Student Loan Survey conducted by Momentive.
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Navient Settles Predatory Student Loan Claims for $1.85B
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion
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Student Loan Scams Increase When Payments Are Paused. What to Know
The continued pause of federal student loan debt and interest has led to some confusion and an uptick in scams. How to protect yourself from falling victim.
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What Borrowers Need to Know About Biden Administration's Reforms to the Public Service Loan Forgiveness Program
Many borrowers are finally due to get their student loans excused under the public service loan forgiveness program, after reforms by the Biden administration.
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More Than 60% of Voters Support Some Student Loan Debt Forgiveness
62% of voters support forgiving at least some student loan debt, according to a poll.
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Biden Appears Unlikely to Extend the Student Loan Pause—Here's How Borrowers Can Prepare Right Now
“41 million borrowers have benefitted from the extended student loan payment pause, but it expires February 1.”
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Here Are 5 Changes Student Loan Borrowers Could See in 2022
In addition to seeing their payments restart after an almost two-year hiatus, federal student loan borrowers could soon see a number of other major changes.
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Feds Launch Civil Rights Probe Into Texas Schools at Center of Battle Over Curriculum
The U.S. Department of Education’s civil rights enforcement arm is investigating allegations of racial and gender discrimination at the Carroll Independent School District in Southlake, Texas, the school district confirmed Wednesday.
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U.S. Student Debt Has Ballooned to $1.7 Trillion. Here's What President Biden and Lawmakers Can Do to Help
Student debt in the U.S. has ballooned to over $1.7 trillion since Congress first allowed college students to borrow from the government in 1958.
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Google Is Giving All U.S. Community Colleges Free Access to Their 4 Career Certificates
Google offers career certificates in four fields: information technology, data analytics, project management and user experience design.
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Education Secretary Cardona: the Biden Administration Is Still ‘Examining Loan Forgiveness'
On Tuesday, Education Secretary Miguel Cardona told The Atlantic student loan forgiveness conversations are continuing.
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What to Expect as Education Department Gets Ready to Resume Student Loan Payments
After nearly two years of pausing student loan bills, the U.S. Department of Education is trying to figure out how to start collecting the payments again.
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Nearly 10 Million Borrowers Are About to See a Change in Student Loan Service — Here's What That Means, the Good and Bad
Nearly 23% of the country’s 42.9 million total borrowers will have their loans changed hands.