2024 dawns with America embroiled in a war in Eastern Europe. The United States is fighting a proxy war with Russia in Ukraine, and the Russians are winning. The United States bears a large share of responsibility for this catastrophe. Our government destabilized...
Student loan forgiveness was a major issue during the last year, and more developments await borrowers in 2024. Here’s an overview of the most important updates.
In his novel, titled 1984, George Orwell described a world in which an all-powerful government manipulated reality to deceive the citizenry. For example, when the government cut the chocolate ration from 30 grams to 20 grams, it announced that it was raising it to 20...
Few (if any) have taken advantage of this new Biden program yet, but it will provide an important pathway to student loan forgiveness for certain borrowers.
The Biden administration has released several big updates for borrowers pursuing student loan forgiveness under a temporary initiative.
The Biden administration announced an extension of a critical student loan forgiveness deadline, which will provide more time for borrowers who need to consolidate.
Some student loan forgiveness initiatives are nearing key deadlines or cutoff dates, while others are just getting started. Here are some critical dates to be aware of.
Student loan borrowers may be eligible for a refund of certain payments made, according to loan servicer statements. But only for a limited time.
An overlapping and somewhat confusing regime of student loan forgiveness rules may lead to problems for many borrowers.
While some borrowers may benefit automatically, others need to take action now to potentially qualify for student loan forgiveness. Here’s a breakdown.
The Biden administration announced that 80,000 borrowers have been approved for nearly $5 billion in student loan forgiveness under a program that will soon end.
I wish I were a billionaire who had given a pot of money to Harvard University. I would write Harvard a stern public letter rebuking its anemic response to anti-Jewish bigotry by Harvard students. I would vow not to give the university one more dime. A few...
The Education Department released draft regulations containing eligibility criteria and proposed student loan forgiveness amounts for Biden’s new plan.
A temporary federal student loan forgiveness program enacted by President Biden is about to hit a key cutoff date at the end of the month.
A few days ago, I heard a story on NPR radio about life expectancy in the United States. Americans can expect to live to about 77 years of age, three years fewer than a few years ago. Our nation’s life expectancy rate is lower than other developed countries....
President Biden sent emails to over 800,000 borrowers this week, congratulating them on receiving student loan forgiveness and inviting them to share their story.
The Education Department has formally updated and launched a new student loan forgiveness application for borrowers with disabling medical conditions.
It’s more important than ever to be aware of student loan forgiveness options, and to be careful of mistakes. Here are some of the big ones to avoid.
The Biden administration is taking steps to broaden pathways to student loan forgiveness based on a borrower’s hardships.
In his novel, titled 1984, George Orwell described a world in which an all-powerful government spied on its citizens and manipulated reality. For example, when the government cut the chocolate ration from 30 grams to 20 grams, it announced that it was raising it to 20...
As Biden enacts targeted student loan forgiveness, one group in particular is getting some repeated attention: those who were allegedly harmed by their school.
Yesterday, a mob of anti-Israel protesters stormed the Democratic National Committee headquarters in Washington DC. CNN might describe this altercation as “mostly peaceful,” but the video images I watched showed protesters battling with police. Who are these...
The Biden administration released data this week on a new initiative designed to make it easier for borrowers to discharge their student loans in bankruptcy.
A whirlwind of student loan forgiveness developments will impact millions of borrowers. Here are the latest updates.
Millions of borrowers have received federal student loan forgiveness during the last two years, and additional cancellation is in the works under several Biden programs.
There may be even more student loan servicing changes coming — and it couldn’t be happening at a worse time, as many struggle to navigate repayment and loan forgiveness.
The Biden administration implemented new rules governing a student loan forgiveness program for public servants, expanding the types of jobs that can now qualify.
Nearly 3 million borrowers won’t have to pay their student loans under a new Biden administration plan. And they’ll get student loan forgiveness credit.
At President Biden’s direction, a new student loan forgiveness plan is under development. And financial hardships could ultimately be a basis for automatic relief.
I wish I were a billionaire who had given a pot of money to Harvard University. I would write Harvard a stern public letter rebuking its anemic response to anti-Jewish bigotry by Harvard students and professors. In this letter, I would vow not to give the university...
Student loan repayment is a disaster right now, and the consequences borrowers face can be dire. Here’s what’s going on, and what to do if you encounter problems.
Borrowers who want to qualify for student loan forgiveness under a key initiative may have only a few more weeks to take action. But the deadline could get extended.
American colleges are spending millions of dollars a year to fight racism. Virtually every school has a vice president of diversity, equity, and inclusion, and DEI officers don’t come cheap. Ohio State University, for example, spends $20 million a year to promote...
Billing mistakes, forced forbearances, and other issues are interfering with loan repayment and derailing those who are pursuing student loan forgiveness.
As part of the compensation, the Education Department will waive interest, cancel payments, and credit borrowers with time toward student loan forgiveness.
The Biden administration is working on a new student loan forgiveness plan. And borrowers who face significant hardships could potentially qualify for relief.