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Senate Bill Would Exempt State Student Loans From 2007 Scandal Conflict Rules
A bill moving quietly through the Senate would let colleges steer students toward state-run and nonprofit student loans without triggering the federa…
1 month ago
Student Loan Interest Elimination Act Gets Second Push as Defaults Hit $233 Billion
Sen. Peter Welch (D-Vt.) and Rep. Joe Courtney (D-Conn.) held a press conference on Capitol Hill last week urging Congress to take up the Student Loa…
1 month, 1 week ago
Howard University Readmits 200 Of 502 Unenrolled Freshmen After Backlash
Howard University unenrolled 502 incoming freshmen on July 22, weeks before move-in. It has since readmitted more than 200 of them — a roughly 40% re…
1 month, 1 week ago
You Insure the Phone, the Car, and the Spring Break Trip. Why Not the $30,000 Tuition Bill?
Think about everything your family pays to protect. The phone gets a protection plan at checkout. The car carries full coverage at an average of $2,2…
1 month, 1 week ago
Waiting On Biden’s Student Loan Forgiveness Cost Borrowers Up To 43%, NBER Finds
Borrowers who believed the student loan payment pause would keep getting extended (or that their debt would be forgiven outright) cut their payments,…
1 month, 1 week ago
SoFi’s SEC Filing Says Its Private Student Loans Can Be Discharged in Bankruptcy
SoFi Technologies told federal securities regulators that its private student loans can be wiped out in bankruptcy under certain conditions, a quiet …
1 month, 1 week ago
MOHELA Glitch Hits Student Loan Borrowers With False Past-Due Notices
Student loan borrowers serviced by MOHELA spent this weekend staring at delinquency notices they say should not exist. Accounts that showed $0 due an…
1 month, 1 week ago
Department of Education Tells IDR Applicants To Reapply After Payment Error
Federal student loan borrowers are reporting a new email from the Department of Education telling them their income-driven repayment application prod…
1 month, 2 weeks ago
Seniors With Defaulted Student Loans Could Lose Over $2,000 A Year In Benefits
Senator Elizabeth Warren pressed Deputy Treasury Secretary nominee Francis Brooke at a Senate Finance Committee hearing over whether the Treasury Dep…
1 month, 2 weeks ago
Ninth Circuit Rejects Education Department’s Bid To Delay Loan Forgiveness
The U.S. Court of Appeals for the Ninth Circuit unanimously rejected (PDF File) the Department of Education's appeal to delay student loan relief for…
1 month, 2 weeks ago